What size mortgage could i get
This has cost the average higher rate tax-paying landlord 1574 in profit each year with annual profits nearly halving -49 from 3203 in. Your mortgage lender could set a combined loan-to-value of 75.
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Your 100 mortgage provider will usually limit the maximum combined loan-to-value of the mortgage and the legal charge.
. It can get complicated if your guarantor has a mortgage on their home. Mortgage rates on buy-to-lets have risen from their low of 165 in October 2021 to 282 in June. Lets say your guarantors home and the property you want to buy are both worth 100000.
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