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New BTL mortgage required - Money laundering!
Comments
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If you can wait, wait.
At that sort of mortgage value, rate is borderline irrelevant but any valuation fees, product fees, legals costs will make a difference.
C&G don't allow broker access but imagine their product has a £500 valuation fee, £995 lender product fee and about £600 in legal fees (I do not know what fees they will charge on a but to let)
Use a broker, pay assumed £500 and get the above for free potentially.
Only 5-6 lenders out of a pool of circa 100 will allow refinance within 6 months of purchase.
Good luckI am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, 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.0
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