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Mortgage issues

 
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nicknsally



Joined: 03 Mar 2016
Posts: 4
Location: Cornwall

PostPosted: Mon Apr 20, 2020 4:54 pm    Post subject: Mortgage issues Reply with quote

Hi - I wonder if anyone has any advice on our mortgage problem.

We have a residential property with an outbuilding which we are in the process of converting to a holiday let. We own the whole property outright, no existing mortgage, but we need to borrow some money to complete the work. It is a small amount in relation to the value of the property (LTV is about 10%). We have been through two brokers now, both of which recommended lenders who in the end refused the loan because of the holiday let.

We'd be grateful for any suggestions.

Thanks

Nick and Sally
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warby002



Joined: 07 Apr 2021
Posts: 10

PostPosted: Thu Apr 08, 2021 1:34 pm    Post subject: Reply with quote

I know this post is old but can you put the holiday let on a separate title?
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jafa



Joined: 06 Jul 2017
Posts: 88
Location: Kirchberg in tirol

PostPosted: Thu Apr 08, 2021 3:02 pm    Post subject: Reply with quote

Try Handelsbanken theyll do it.
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Jafa
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