Surely I am not the only landlord worried about new EPC requirements?9:44 AM, 17th February 2021
About A week ago 124
We have 4 properties on BTL mortgages, all being in joint personal names with partner and high street lenders. Our LTV is ~60% on all properties, mostly because of higher value as being in London. The median rates is 1.8% with most on 2 year tracker.
I wonder if we should go for portfolio mortgages?
My limited research tells me it’s more convenient and easier to release equity on new purchases. However, I don’t know the typical rates, affordability including rental returns criteria etc. I would appreciate some comments on pros and cons of portfolio mortgages.
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