Search the Community
Showing results for tags 'second'.
Hi I’m hoping someone can help me. My my wife and I are buying a second home - a flat in London. My wife works 3 days in london, 2 days at home. She wants to use the flat for 2 nights a week, every week. We intend to do AirBNB let’s for the remaining days. My question: can we achieve this through an SPV ltd company? Specifically, are there mortgage products that allow the mortgage to “holiday let/short term let” and use it regularly for themselves? (Tipton BS just launched such a product but they don’t lend to ltd companies).
First time poster here! I have just completed the purchase of my first property with my close friend and his Brother (we have drawn up a trust agreement!). We got hold of a great 3 bedroom house in Guildford within walking distance to town centre and Univercity. We didn't quite have enough cash to attain a BTL mortgage, but we have raised around 18% for our deposit. The plan is to live in the house for 2 years on a repayment mortgage and get up to 25% ownership. We will then move out and rent it out as a 4 bed (thanks to the extra reception room). So during these two years... as well as put