As a mortgage broker in Walsall, we have helped many customers obtain second or multiple mortgages for a range of purposes, including buy to lets, let to buys, holiday lets, and more.
Typically, taking out an additional mortgage requires you to provide a significant deposit, have a good credit rating and have the financial capability to meet two large mortgage repayments month on month. In the case of let to buy or buy to let mortgages in Walsall, having a tenant may cover the second set of payments.
We strongly advise seeking guidance from a mortgage advisor in Walsall to assess your eligibility before applying for another mortgage.