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Best mortgage type?

mikeopvc · 2016-06-30 17:30:10

Hello, I'm looking for some advise please, I'll try and keep it as short and as simple as I can. My wife and I want to buy another property to renovate and sell on and then do the same again and again etc. What type of deal are we looking for? I just had a broker guy round today for a brief chat and he said basically he…

Comments

mikeopvc Posts: 912 Forumite

25 July 2016 at 6:17PM

Cornucopia wrote: »

Therefore, you are likely to need to take a further advance on your old property to provide a deposit for a mortgage or bridging loan on the new property.

As I said, I think you need to crunch the figures yourself...

This is exactly what I said in post #14, remortgage on existing and bridging on new property.

I've crunched the figures as per post #18

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