HELLO i live in mexico and would like to get a second mortgage against my peak district cottage. i would like to know what this will demand of me and if it is at all possible, considering i have no perminant income in the uk but the rent on the cottage. thank you
A true Buy To Let (BTL) mortgage is assessed against only the rental income. Whether they are available as second mortgages I know not; you might need to remortgage with one lender.
I've no idea whether there are residency requirements, no doubt someone else will !
Try talking to these -
Daytona
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