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stuck between a rock and a hard place
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The broker I am dealing with said there is one company who might entertain the idea of a re-mortgage on buy-to-let. They would require the lease to be extended as part of the re-mortgage, which is ok, as the cost of the extension will be covered by the increase in value of the property. So I am waiting on the freeholder to tell me how much it will be.
I can then hopefully release some equity from the property and have it let out properly.0
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