We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 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!
Remortgage
Options
grussell
Posts: 17 Forumite
Hi there,
Is it possible to remortgage my current (solely owned) property (x) in order to buy another property (y) jointly with my partner? Prospectively I would remortgage around £10000 and rent out my current property (x) and move into (y) with my partner.
Cheers
Is it possible to remortgage my current (solely owned) property (x) in order to buy another property (y) jointly with my partner? Prospectively I would remortgage around £10000 and rent out my current property (x) and move into (y) with my partner.
Cheers
0
Comments
-
£10k is going to restrict lenders also would need to be BTL mortgage.
Extra SDLT on the new place.0 -
I'm currently going through this. Remortgaging my current home on a BTL at 75% LTV..... and raising £30k towards my new home. So far so good. Both. Mortgages have been offered.... Just waiting on conveyancing now.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244K Work, Benefits & Business
- 598.9K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards