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Showing results for tags 'Re-mortgageTaxes'.
Hi everyone, I'm pretty new to the property scene and have a few questions that I'd really appreciate some advice on... I came into some money a while back and last year bought a 2 bed mid terrace for 70k in cash which seemed like the smart thing to do at the time (At the age of 21 I didn't want the stress of a mortgage) but now, I want to increase my property portfolio and I'd like to release equity to buy another. At the moment I'm thinking to release 80% and pay for the house on a BTL interest only mortgage. This would give me 56k in cash and I could actually probably buy 2 or