We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
BTL Remortgage
Comments
-
Our BTL fixed deal ends next month, we have the nightmare of shopping around trying to get off the SVR.
Mortgage required - £38,000.
Value - £60-£65,000.
Rents at £420 pcm.
In addition to this, we have our house which is up again. Its a 2 mortgage deal i guess. House is £78,500 ishy left to pay, with value anywhere between £135-£150k. It sold for £159k in 2006, however we paid £124k 2 years ago (new garage roof, new boiler, new rads etc) after it was empty for an extended period.
Ideally, id like a 10yr fixed deal on everything....
Income.... i think im £37k, plus rental profit.
#Nightmare0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.3K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.3K Work, Benefits & Business
- 601.1K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards