Title | : | How to REMORTGAGE to buy a SECOND PROPERTY | Property Investment UK |
Lasting | : | 10.20 |
Date of publication | : | |
Views | : | 70 rb |
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Hello I am due to remortgage now and I need help Comment from : @patiencebamisaye7289 |
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APG Comment from : @patiencebamisaye7289 |
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APG Comment from : @avtarchana5119 |
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APG Comment from : @alexsodimu808 |
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APG brbrWe have 200k to invest Comment from : @jugbirsingh6999 |
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APJ Comment from : @fauziafarrukh6622 |
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I didn’t think I would been a solicitor if I remortgage with the same company Comment from : @aydanholliday4693 |
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I went to several banks to do this as I have a rental house I let outThey would not let me remortgage against my rental although it was bought outright in cash as I do not have a jobI let rooms and this house as I sayWhat can I do? Seems have no choice but to sell the rental or not buy a second home Comment from : @artyboo |
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APG Comment from : @jamieedmondson9584 |
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APG Comment from : @ConnorNixon-tc2vu |
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APG Comment from : @tanzeenmunia3078 |
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Can anyone recommend the best banks to deal with this sort of thing House is fully paid for worth about 160k We want buy a flat now for retirement in 10 years Daughter will live in it for about 5 as we declutter and downsize Im guessng high st banks are not good? Comment from : @marton349 |
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Yes Jamie We’re reading of the same hymn sheet I’ll be in contact with you soon Mucka😉 Comment from : @retailtherapistevents |
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What if you don’t have a mortgage? How would you take out equity Comment from : @meltingpoint97 |
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APG Comment from : @chrisjames7428 |
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APGi have my own property paid off approx 250k and have around 90k in banklooking to invest in property Comment from : @markmacdonald7291 |
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APG Comment from : @markmacdonald7291 |
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Bro , please answer my questionbrI ve been searching on Google and is true you can't get equity release from your home untill you are 55??brEquity release only if you over 55????brThis is bullshit if is true Comment from : @ionutmititelu2083 |
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Need to rewatch this a couple of more times With paper and pen Have purchased a property and am looking to refinance at some stage Soi may be intouch Thanks for the information Comment from : @tulinfox6672 |
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This guy is funny, hi didn't say only one important think You need goood wages to get this money/equity out from your existing property Comment from : @vitaliyprosto78 |
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How much of an issue is it if I have 4 years left in a deal? Comment from : @nomaname871 |
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APG Comment from : @gagendipsapra3844 |
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Great video, thank you If I was going to port a mortgage that is half way through a fixed, because low interest rate, can I draw out at time of port so I can keep 1st house and get rental mortgage instead? Or can I not draw out during fixed and forced to sell?brFirst house being my current residence, second home being new residence with the attempt to confirm 1st to rental Comment from : @MarlonKingShow |
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Apg Comment from : @EwanMacneill |
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I asked you a question and u responded straight away, you are worth your weight in gold 🥇 Comment from : @Mrtonight1000 |
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Apg Comment from : @MM-mc2bf |
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APG Thinking of buying a holiday cottage BTL Have enough equity in current house, do I re finance my current house or just go for a holiday let 2nd mortgage 1st timer so very new to this and the pitfalls / benefits of getting it right Comment from : @paulmason3088 |
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APG Comment from : @BlissBodyYoga |
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My family own estate agents and solicitors, everything you have said is correct from my research but I have been told most go bust using this method, the houses bought at auction are either from someone going bust or from divorce, the risk becomes mostly auction scams which runs out a completion requirement purposefully to retain auction fees, making you buy a legal pack with unreasonable requirements, having undisclosed reserve prices far higher than advertised starting bids, buying in bad areas and Tennant fraudbrThe LTV loans to release equity wouldn't make sense to flip for profits in the case of most examples because you repay a higher monthly price to gamble to profit with a lot of work when early repayments can save you more in interest without the work, expense and risk, to invest in a property to possibly have a Tennant repaying the loan off makes more sense long termbrGoodluck to everyone sincerely I hope you become millionaires just a warning that there are a lot of casualties on this road Comment from : @BrandonSullivan309 |
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APG brbrI could not see your form other than download guide Comment from : @TravelWithSravan |
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APG want to start BTL portfolio Comment from : @achieto1610 |
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I own my property and want to buy a new property to live in but would like to keep this one to rent out would I need to save up a deposit for my new home Comment from : @adampickering1983 |
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Hi are you still doing this? the website isnt working Comment from : @jame4757 |
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Apg Comment from : @yakubaoceesay9666 |
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Apg Comment from : @BarGuruSL |
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Apg Comment from : @millyoduro |
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Getting a Second mortgage on a BTL property (from the same lender) is a better way of refinancing long term fixed mortgages as early repayment stair-casing is costly! brMine run side by side in one payment Much easier Comment from : @joesardari5443 |
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Still not grasping this concept, my Mom owns her home fully, no mortgage So if she were to do an equity release why would we need to pay this backbrbrWhy are we borrowing are own money ? Comment from : @Tyyyyyyyz |
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APG Comment from : @olgahchirimuta7437 |
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I would like to have some training Comment from : @rosettekengni1493 |
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Hi,brI'm interested Comment from : @rosettekengni1493 |
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APG Comment from : @mehulicious |
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APG Comment from : @WalkerFilms101 |
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What do you mean by buildong a portfolio ? Buying the poroperties on a ltd company? Can you define and how to build a property portfolio ? Comment from : @Cartoonschannel24 |
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Thanks so much Really useful information here Comment from : @mmahmed8883 |
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APG Comment from : @mmahmed8883 |
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Apt very inspiring Comment from : @FarhanKhan-u9h1n |
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APG Comment from : @aaronmullix8618 |
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APG Comment from : @yogibearstech7145 |
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Can you refinance on your property which still has unpaid help to buy debt on it? Comment from : @MedicalPearls |
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Hi can you recommend a broker to help with buy to let please Comment from : @toyina11 |
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Apg Comment from : @Kobir_25BD |
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APG Comment from : @Gujju-trader |
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APG Comment from : @troyhavenhand7342 |
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HelloI have a house which the value is £150k(£85k mortgage) and some savingswhat can I do to buy a second studio flat to rent?thanks a lot for your help Comment from : @kamalhidayat4055 |
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APG Comment from : @MultiLondon12345 |
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If I were to remortgage to release cash, my monthly mortgage payments will increase Is that not counterproductive ? Comment from : @mayukhchakraborty4623 |
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APG Comment from : @DarrenNorris-cd7fp |
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APG Comment from : @RobertTaylor-sf7ib |
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APG Comment from : @ogdo9204 |
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APG Comment from : @paulvincent966 |
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Apg Comment from : @daniellegreatorex5166 |
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APG first time viewer looking for some advice…thanks for the video it was enjoyable 👏🏻👏🏻👏🏻 Comment from : @chrispearson4845 |
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First time viewer! Helpful this is Subscribed! Comment from : @ColourTV247 |
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I am really struggling to see the value of this in 2024 I am a newbie to btl with about 300k in my house It just feels like after interest, fees, tax and the mortgage repayment curve there's little to no money in it Comment from : @fraserp2377 |
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APG Comment from : @stephano2k24 |
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Apg Comment from : @laurnawhittaker |
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Apg Comment from : @rekhaanthony8050 |
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This guy works for the banks Do not listen to this advice Comment from : @kingjay476 |
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APG Comment from : @tenerifeplantpower |
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Excellent vlog Very informative Thank you for sharing Comment from : @syedahasan5494 |
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Recently found this guy and he is solid! Great vids, detailed break down, good stuff I’m subbed Comment from : @SJ_LSF_9 |
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APG Comment from : @JaneHayward-j5g |
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Hi Jamie I have got this property with recently having renewed my mortgage which is going to end in 2025 Rather than remortgaging which I can’t do until 2025 , do you reckon one can try getting loan against equity in the property and invest that in another property ? Thanks Comment from : @drdhananjayroy9443 |
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Would have been good to hear about other options to refinance rather than full remortgage - such as further advance, second charge etc brAs some investors may be in 5 year fixed mortgages and have good rates secured Comment from : @alexallen9172 |
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Request for a Solicitor on the Lenders Panel, that was Gold ✨brNever heard that top tip before 🔥 Comment from : @skinbeautyproducts1998 |
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So you pay £50k mortgage, plus the 5 of £2,500 per year? Comment from : @skinbeautyproducts1998 |
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APG Comment from : @eduardoandrade2968 |
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APG Comment from : @kumailnaqvi9988 |
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apg Comment from : @asankaperera4540 |
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Is this similar to a HELOC? Heard that’s much better than re mortgaging? Comment from : @II-IJT-II |
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Hi Jamie, we have around 140 K equity in our house what would be the best way to release that our redemption date on the original mortgage is 2036 any advice appreciated Comment from : @MakemoneyonlineWorkfromhome |
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What banks allow your use the money for btl?brbrAs Nationwide state “Information: You can’t borrow more to raise money for a business or to buy land or a property that you wish to let out” Comment from : @bencraker |
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APG Comment from : @adamgreen3815 |
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APG Comment from : @georgeosworldwide |
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APG Comment from : @jamielawson3880 |
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APG Comment from : @ImranMalik-lk9ij |
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This is my next step I'm going to start this week 😊 I am nervous😅 Comment from : @georgerogers3840 |
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ab gujrat sarkar per case chalega?? Comment from : @sahilalam4798 |
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Love it Well explained and great vibe Might get in contact soon :) Comment from : @drlimeofficial |
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Apg Comment from : @user-DG87LVR |
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