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    • MartinLewisFan
    • By MartinLewisFan 9th Oct 17, 2:18 PM
    • 11Posts
    • 1Thanks
    Buying a second home...
    • #1
    • 9th Oct 17, 2:18 PM
    Buying a second home... 9th Oct 17 at 2:18 PM
    Hey Folks

    (Still a newbie, and only my second post - so apologies in advance it appears weak!)

    OK, so, I'm looking at getting a second home - not so much as a buy to let, but rather to move into a larger home, and offering the smaller home to my "fiercely-independent" mother to live in.

    The mortgage on the original small home is very modest, and dear-ol'-mum has agreed to contribute to the small mortgage outstanding, freeing me up to find a new home.

    I suppose my question is, having found suitable home(s) (well, options), can I use any of the collateral on my first home?

    As ever, any advice is gratefully received.
Page 2
    • dd17
    • By dd17 11th Oct 17, 8:27 AM
    • 2 Posts
    • 0 Thanks
    Thanks for the advice it's appreciated
    I'm accessing this on my phone and cannot see that but I'm sure I will get the hang of it.
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