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Buying Second Property - Against first home?
krishijones
Posts: 33 Forumite
We are buying a second home and the bank has said we have 2 options:
1.) We could get the second mortgage against our first home (which is still on mortgage).
2.) We could get the second mortgage independant to the first home.
We can't think of which one would be better, and what consequences they'll have.
Any info would be really helpful. Thank you.
1.) We could get the second mortgage against our first home (which is still on mortgage).
2.) We could get the second mortgage independant to the first home.
We can't think of which one would be better, and what consequences they'll have.
Any info would be really helpful. Thank you.
0
Comments
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Second home or BTL ?
Where's the deposit being funded from?0
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