As a mortgage broker in Lichfield, we have helped customers obtain second or multiple mortgages for various purposes, such as buy-to-lets, let-to-buys, holiday lets, and more.
Securing an additional mortgage usually requires a substantial deposit, a strong credit score, and the financial ability to make two significant mortgage payments. However, for let-to-buy or buy-to-let mortgages in Lichfield, having a tenant can cover the second set of payments.
We highly recommend seeking guidance from a reliable mortgage advisor in Lichfield to assess your eligibility before applying for another mortgage. Our experienced team, with over two decades of industry expertise, is eager to guide you through the mortgage process.