As a mortgage broker in Southport we have successfully helped numerous clients secure second or multiple mortgages for various purposes, such as buy to lets, let to buys, holiday lets, and more.
Usually, obtaining an additional mortgage entails having a significant deposit, a solid credit rating, and the financial capacity to manage two substantial mortgage payments each month. Nevertheless, for buy to let or let to buy mortgages in Southport, having a tenant may cover the second payment.
We highly recommend that you seek advice from a mortgage advisor in Southport to evaluate your eligibility before applying for another mortgage.