There is no guarantee that it will be possible to arrange continuous letting of the property, nor that rental income will be sufficient to meet the cost of the mortgage.
Your home may be repossessed if you do not keep up repayments on your mortgage.
There will be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances.
The fee is up to 1% but a typical fee is 0.3% of the amount borrowed.
Horizon Financial Solutions provide expert mortgage advice in the London and surrounding areas.
Our advice will be specifically tailored to your needs and circumstances which could be for your first home, moving home, investing in property or remortgaging.
Please do not hestitate to contact us.
Hereford House, 9 Massetts Road, Horley, Surrey RH6 7PR