As a mortgage broker in West Bromwich, we have assisted clients in obtaining second or multiple mortgages for various purposes, such as buy to lets, let to buys, holiday lets, and more.
Securing an additional mortgage typically requires a substantial deposit, a strong credit score, and the financial capacity to make two significant mortgage payments. However, in the case of let to buy or buy to let mortgages in Lichfield, having a tenant can cover the second set of payments.
We strongly recommend seeking advice from a trustworthy mortgage advisor in West Bromwich to evaluate your eligibility before applying for another mortgage. Our experienced team, with over 20 years of industry knowledge, is ready to guide you through the entire mortgage process.