BTL mortgage confusion
Discussion
Would you buy one cheap ish property (£120k ish) with 30% deposit on BTL or refinance an existing BTL which is only at 25% LTV and buy 3 on BTL basis with 30% deposit but taking your existing LTV on the single property to say 60%?
I had a meeting with my accountant to discuss and he suggested doing the latter and forming a LTD. He said to wait a year or so, so there is time to think it through but what does PH think?
I had a meeting with my accountant to discuss and he suggested doing the latter and forming a LTD. He said to wait a year or so, so there is time to think it through but what does PH think?
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