As a mortgage broker in Runcorn, we have successfully helped numerous clients acquire second or multiple mortgages for various purposes, such as buy to lets, let to buys, holiday lets, and more.
Usually, getting an additional mortgage requires a significant deposit, a good credit score, and the financial capability to manage two mortgage payments every month. However, with let to buy or buy to let mortgages in Runcorn, having a tenant may cover the second set of payments.
It’s strongly recommended that you consult with a mortgage advisor in Runcorn to assess your eligibility before applying for another mortgage.