Lunes, Marso 28, 2022

No 6 Month Ownership Rule – Remortgage the next day of Purchase



New innovation to break the 6 month ownership rule and how you can now Remortgage within as soon as the next day Link to the full blog post with rates and criteria https://www.nicheadvice.co.uk/no-6-month-ownership-rule-buy-to-let-remortgage-the-next-day-of-purchase/ New 6 month ownership rule criteria summarised: One of the Applicants must have owned at least 1 buy-to-let for a year. Day 1 remortgage | Property registration just has to be submitted to Land Registry. Up to 80% loan-to-value remortgages for any legal purpose. No need to provide evidence of works. Remortgage to buy onward investment property without project needing to be identified. Single unit standard buy-to-lets. Multi-unit up to 6 units / HMOs to 6 bedrooms with shared amenities to 65% loan-to-value. Personal name or under SPV limited companies. Background portfolio stress-tested at 100% coverage. There are many more features for Applicants with have owned at least 2 buy-to-lets for two years. If you want to pur

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