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Top up mortgage for BTL

lagi
lagi Posts: 590 Forumite
in Mortgages & endowments
Currently with Nationwide, my deal finished a while ago and am on their BMR which i am happy with as its lower than anything else, plus their is no limits to overpaying.

I would like to up my mortgage to buy a cash BTL. (maybe 60-80k)

As i am currently overpaying, i could cover both payments if need be.

What i wanted to know was, would i be able to stay on my current deal or will they try to make me go onto another? Or would it be a separate entity?

Would i have to say what the money was for, could it be for home improvements/etc?

Would appreciate some advice on whats my best options, thanks.

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