Shelter’s Income and expenditure figures highlighted13:57 PM, 4th February 2019
About 3 weeks ago 35
We have just bought a BTL house for £175k cash at auction.
We are keen to get it mortgaged ASAP so that we are in a position to buy for cash again.
We have heard about the 6 month rule/guideline but wondered; which lenders would be happy to value and lend earlier?
We don’t need anything clever, it was just valued at the £175k and if we had to leave 25% or even 35% in that would be fine. We just want to be able to actively consider other purchases now instead of having to wait for 6 months.
If you have any experience or tips, please share!
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