As a mortgage broker in St Helens, we have a reputation of assisting numerous clients in obtaining second or multiple mortgages for diverse purposes, such as buy-to-lets, let-to-buys, holiday lets, and more.
Typically, acquiring an additional mortgage requires a sizable deposit, a robust credit score, and the financial ability to make two substantial monthly mortgage payments. Nonetheless, for buy-to-let or let-to-buy mortgages in St Helens, having a tenant may cover the second payment.
We highly recommend that you seek guidance from a mortgage advisor in St Helens to evaluate your eligibility before submitting an application for another mortgage.