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gordonmcd

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  1. Looking for some advice, please. Our London (residential) house: worth 800K, 300K mortgage remaining. Two BtL properties: Manchester, worth 140K, 90K mortgage, London, worth 400K, 280K mortgage. Both rented out achieving decent yields. An inheritance coming my way means I'm considering paying off our residential mortgage (I'm 55) and either paying off one of the BtL properties or buying another BtL. I guess my question is around the idea of paying off BtL portages; smart or daft, please? Thanks in advance for any thoughts/advice or insights.
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