- Remortgage to 95%
- Capital Raising
- Repayment & Interest Only
- No maximum age for residential & buy to let mortgages
- No Credit Scoring Application for Some Lenders
- Residential & Buy to Let
- Remortgage Within 6 Months
Day 1 Remortgage
We can look to assist clients who wish to remortgage or mortgage their property, even if they have owned it for less than 6 months.
This is often termed a “Day 1 Remortgage” i.e. taking out a mortgage on or after the first day of owning the property.
Clients may have only recently purchased the property for cash, due to competition for the property or as an auction purchase. They may have inherited a property, or have received a property as a gift from family members. They may have purchased a property with a mortgage and now realise they need extra cash for essential repairs and improvements to the property.
They now wish to raise a mortgage for a variety of reasons such as:
- Home improvements
- Debt consolidation
- Additional property purchases such as a buy to let, second or holiday home
- Purchasing cars and holidays
- To pay School Fees