Can I get a second mortgage in Blackpool?

As a mortgage broker in Blackpool, we have assisted numerous applicants in obtaining a second mortgage, and in some cases, even more than two mortgages. There are several reasons why someone may require multiple mortgages, such as purchasing a property to let, letting a property to buy, holiday letting, and accommodating family members, among other reasons.

However, it’s important to note that most lenders usually require a significant deposit and a good credit score to be eligible for another mortgage. Additionally, it’s crucial to ensure that you can afford the monthly mortgage payments. If you’re considering obtaining a let to buy or buy to let mortgage in Blackpool, your tenant should cover the mortgage costs.

We strongly advise seeking assistance from an expert to determine your eligibility for a second mortgage in Blackpool. Our team has over 20 years of experience in the mortgage industry and would be delighted to provide guidance and support.