Hi everyone. My husbband and I have one mortgage at the moment, which we are paying on the house we are living in. Now we have decided that we would like to buy a second house to let. But what to do about the second mortgage? Will this be a problem? Thanks in advance for you advice.
Well that depends on your financial situation of course. If the bank is convinced that your plan is just as good as you think it is, you will be without worries. They have special buy to let mortgages will will be advantegeous for you as a business. After all, buying to let is nothing more than a business.
