I purchased a property with a colleague about 15 years ago as a BTL and we have c.200k in equity. We're both about 8-10 years from retirement and were thinking of purchasing another and using the cashflow from property #1 & property #2 to fast forward the repayments (thereby reducing the term) on property # 2.
Just wondering a) will the bank support this and b) which institutions are best to approach?
Roy
Just wondering a) will the bank support this and b) which institutions are best to approach?
Roy