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 may be a fee of up to 1.5% of the mortgage amount dependent on individual circumstances.
A typical fee is £995.
Kings Financial provide expert mortgage advice in the Braintree 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 hesitate to contact us.