Case Study –Leveraging Existing Buy-to-Let for New Property Purchase

Property Value £230,000
Loan Amount £173,000
Location London
LTV 75%
Achieved Rate 3.89%
Completed January 2023
Adviser Hasan Acik

The Client

Our client with a buy-to-let mortgage had utilised the product transfer service with her existing lender for many years. However, she recently expressed her desire to extract equity from her existing property to invest in another buy-to-let property purchase. Unfortunately, she encountered a challenge with her existing lender’s criteria, as the property’s size was below the minimum required floor space.

buy-to-let remortgage