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Remortgaging a cash purchase


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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
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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

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