Can’t remortgage my property due to main residence link?Make Text Bigger
Hi guys I’m new here. Last year we purchased a property for £27,000 for cash and renovated it we waited for the 6 months to try to remortgage, the estimated value is around £65,000/£70,000 we had The Mortgage Works out to value it to get a buy to let mortgage on the property, but when they done the valuation and searches it turned out that my residential property and the property that we bought had a link of some sort and “The Mortgage Works” couldn’t Lend us the money.
My mortgage advisor has said that all the other lenders would be the same as The Mortgage Works. My dilemma is that I need to remortgage the property to get money out to fund another buy to let.
Does any one know how I could or recommend a company that I could speak to about remortgaging or getting a loan on the property.
Any help would be much appreciated
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