Refurbishment Buy to Let Mortgage
Published / Last Updated on 05/02/2020
Have you ever watched ‘Homes under the Hammer’ or other property development, makeover or refurbishment shows? Ever fancied 'having a crack' yourself?
Mortgage lenders are starting to become more innovative. A recent development is one in the refurbishment world for buy to let properties and mortgages.
There are mortgage packages out there right now that offer bridging finance at say 0.5% per month (compounded to just over 6.3% pa) for say 6 months during a refurbishment period and then a seamless transition to a normal buy to let mortgage at a lower rate once works are complete and property ready for tenancy.
Contact us if you wish to discuss refurbishment buy to let mortgages.
