James, Brighton

28th May, 2021

James does not own his own residential mortgage but has 2 Buy To Let properties. He would like to purchase another BTL property with his girlfriend Sheila who does also not own a residential property. As he is an experienced landlord this was not a problem. However, it did fall down at application with the lender not being satisfied that they did not intend to live in the BTL purchase. We applied to another lender who was more understanding as to the applicants’ intentions and the mortgage was offered.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.

We normally charge a fee for mortgage advice. The amount will depend on your circumstances.
A typical fee would be £495 payable on offer. A fee of £100 is payable on application.

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