Multiple Buy to let
In January 2008, an experienced property developer called us with a dilemma: his lender was about to call in a £300k commercial development loan, and his buyer was struggling to raise finance.
With just a few weeks breathing space, we made sure that all 5 properties were offered on a buy to let basis, at 90% loan to value. In the space of just 5 days, the whole issue was resolved - meeting the lender’s deadline and putting a smile back on our valued client’s face!
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR PROPERTY. YOUR BUY TO LET PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
Not all buy to let mortgages are regulated by the Financial Services Authority. Savannah Financial Services is an Appointed Representative of Thinc Assured Network Ltd, which is authorised and regulated by the Financial Services Authority. There may be a fee for mortgage advice. The precise amount will depend on your circumstances, although the maximum fee will not exceed 1.5% of the loan amount.
This site is intended for UK consumers only.
