If you want to buy a Second Residential Home to live in personally or on behalf of another close family member then this is the right video to watch. Mr Payam Azadi expert Mortgage Broker at Niche Advice takes a closer look at lending criteria and mortgage affordability rules for Second Residential Home Mortgages and how they can affect applicants in the short and long term. There are many reasons why Second Residential Home Mortgages can provide the most appropriate solution. Residential mortgages are normally the most competitively priced and there is no complication of rent receipts as would be the case in Buy-to-lets. To afford a Second Residential Home Mortgage you will need to have good income. Some Second Residential Home Mortgage Lenders will look at the monthly bills on the main home and Others add both mortgage balances together in their affordability assessments. The end result therefore can be a big disparity between maximum borrowing so its important to get professiona
https://www.youtube.com/watch?v=5qcPUwTqHdM
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