Using equity for a buy-to-let
THE QUESTION
I have property with a personal mortgage of £189K and I’ve just finished building an extension. The new valuation for the property is £685K.
I want to get £150K out of the equity for a new buy-to-let project, but my broker says my affordability won’t get this much. Is there a way around this without selling this house?
Do I need to change...
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