Quantcast
Channel: MoneySavingExpert.com Forums - Mortgages & Endowments
Viewing all articles
Browse latest Browse all 36823

Which is the best......

$
0
0
BTL mortgage for my brother's needs.

My bro inherited a 3 bed bungalow. It's worth £370k (probate valuation) &he has a £30k residential mortgage on it.
He wants to mortgage for £180k and let the bungalow (probable rent £1300-£1500/mth), using the excess £150k to purchase outright a house to live in.
He's 52, in steady work (same firm for more than 10 yrs) and earns between £20 & 25k/year.

Thanks in advance.

Viewing all articles
Browse latest Browse all 36823

Trending Articles