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?