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  • Property-a-holics

    No Money Down

    This sounds good.

    How would this work when I then remortgage the existing property... does the charge get paid off at that point and any surplus put into my bank? That is what I am assuming... however, it's a cool idea and worth thinking about. Shy


    (21-07-2014 12:32 PM)nick tadd Wrote:  Property Tribes Mortgages is currently in discussion with lenders about the option of providing up to 100% finance via a first charge on the property being purchased and a second charge on an existing buy-to-let property. This would enable landlords to fund further buy-to-let purchases without providing a cash deposit.

    See - BTL mortgage update
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