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Can we get another mortgage?

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  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Putting some values on the transactions may help paint a better picture. As LTV alone is misleading. People tend to fail through cashflow issues rather the value of the equity held in the assets themselves.
  • Thrugelmir wrote: »
    Putting some values on the transactions may help paint a better picture. As LTV alone is misleading. People tend to fail through cashflow issues rather the value of the equity held in the assets themselves.

    Affordability is not an issue here and the equity released through BTL mortgage will form the deposit for our next purchase. As per the advice given earlier, we do not want to go to W00lwich as 'overexposure' might be an issue.

    If any of the mortgage advisors here are intermediaries for Clydesd@le BTL mortgage, I would welcome pm from you. :)
    Mortgage: @ Feb. 2007: £133,200; Apr. 2011: £24,373; May 2011: £175,999; Jun 2013: ~£97K; Mar. 2014 £392,212.73; Dec. 2015: £327,051.77; Mar. 2016: ~£480K; Mar. 2017 £444,445.74
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