Lily, Henfield

28th May, 2021

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.

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 completion. A fee of £100 is payable on application.

Network Mortgages is a trading style of Network Mortgages (South East) Limited which is an appointed representative of PRIMIS. PRIMIS Mortgage Network is a trading style of Personal Touch Financial Services Ltd which is authorised and regulated by the Financial Conduct Authority. Network Mortgages (South East) Limited registered in England & Wales Reg No 10439208. The Financial Conduct Authority does not regulate most buy to let mortgages. Network Mortgages (South East) Ltd act as a credit broker not a lender for home and landlords insurance. The guidance and/or advice contained in this website is subject to UK regulatory regime and is therefore restricted to customers based in the UK.

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