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Remortgaging question- residential to buy to let
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jee
Posts: 288 Forumite
Hi all
I'm trying to convert my residential mortgage to buy to let. I was going to go for Consent to Lease with halifax but their rates are high.
I have LTV of around 68%. I was wondering how long it normally takes to remortgage. I see a lot of banks are offering free legal and valuation but I'm thinking that using their own services may take longer.
I'm in the process of buying another property with a residential mortgage which is why I need it to be done fairly quickly.
Thanks
I'm trying to convert my residential mortgage to buy to let. I was going to go for Consent to Lease with halifax but their rates are high.
I have LTV of around 68%. I was wondering how long it normally takes to remortgage. I see a lot of banks are offering free legal and valuation but I'm thinking that using their own services may take longer.
I'm in the process of buying another property with a residential mortgage which is why I need it to be done fairly quickly.
Thanks
0
Comments
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AFAIK free legals and free valuation don't normally apply to BTL remortgage cases. Do you have a lender/product in mind we could look at?I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.0
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