Jump to content

Remortgaging a cash purchase

Recommended Posts

Apologies in advance because I know this will have been asked numerous times before, but... how long do you have to wait before you can mortgage a cash purchase? Is it immediately or is there, say, a 6 month waiting period?

Thank you

Edited by nicholas_b
Link to post

6 Months with most lenders if you want to realise the market value of the property (ie if you have improved/renovated the property, increased the lease etc). There are a handful of lenders that will do it within 6 months but most likely they will limit the value to what you paid for it.

043_logo_final_03.png.0cdf828351f81e6097208048ac2d018d.pngStuart Phillips

Independent, Whole of Market Mortgage Broker

AALTO Mortgages Ltd

Web  www.aaltomortgages.com

Email  sales@aaltomortgages.com

Call  020 7183 1101

Link to post

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Create New...