mohsin_c

Thanks for the advise Kirsty, The auction terms are 30 working days which is 6 weeks, so there is some extra time there. I have been speaking to some brokers, a few have said it won't be possible but a couple are confident they will. I think it may be best to try and have a plan b in place in case it doesn't work out

Hi All, New to the forum and looking for some insight into what my chances may be of securing a btl mortgage in limited time, So to cut a long story short, I have purchased a flat in auction just on Friday 28/2/21, yes I know it's crazy but I haven't physically seen it. I was outbid on the actual auction, however it didn't meet the reserve so didn't sell. A week later I get a call, it's still available and being offered to me below the reserve before it's back in auction a week later, I make a lowball offer which was refused, I then offer to meet half way to the sellers asking price