Can I Get a Second Mortgage in Wolverhampton?
As a mortgage broker in Wolverhampton, we have helped many applicants take out a second mortgage, in some cases more than two!
There are a variety of reasons why someone may want to take out more than one mortgage, for example, buy to let, let to buy, holiday let, for family members, and many more. You must know that most lenders require you to have a large deposit and a good credit score to be able to take out another mortgage, not to mention, you must be able to afford to cover the mortgage payments each month. If you were taking out a let to buy or buy to let mortgage in Wolverhampton, your tenant should cover these costs.
If you are thinking of getting another mortgage in Wolverhampton, we would strongly recommend speaking with an expert to work out your eligibility. Our team have been working within the mortgage industry for over 20 years and would be more than happy to try and help!
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