Lilly, an existing client of ours who we have helped over many years has sadly lost her long-time job. She still has private pension income to provide an income.
She has a current Buy To Let which she would like to remortgage to raise as much capital as possible to use as a deposit for another BTL property. Both her current BTL and this new purchase will generate an income for her. In order to release as much equity as possible we have had to use an alternative lender which has slightly higher interest rates but will accommodate a higher borrowing.