Ask the experts

About our experts...

At John Charcol, we are constantly asked for advice by borrowers on what they should do when it comes to mortgages.  As such, we created this section so that you can submit your questions to our experts.  The answers are provided by a number of people who have years of experience in the mortgage market.  The team is led by Peter Woodward who works in our technical department.  Peter spent his formative years as an underwriter with one of the major UK lenders so what he doesn't know, quite frankly, isn't worth knowing...

So please do submit your question and we will do all we can to answer it as quickly as possible

Please be aware that these answers can only be generic and no personal recommendations can be made.

What can we borrow with a European Property in the background?

Posted on 21 January 2010

Hi, we have a UK mortgage of £180000 on a house value of £320000, combined income of £65000 and have other outgoings - car loans etc £400 month and credit cards totalling £15000. How much more could we realistically borrow on...

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Category: Holiday homes, Remortgaging, Second properties

I wish to buy a holiday home and rent out in the summer months, what is the best mortgage to have?

Posted on 8 October 2007

I own a house with no mortgage. I want to purchase a second holiday home which I will rent throughout the summer and use in the winter. What is the best type of mortgage?

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Category: Holiday homes

What type of mortgage do we need for a holiday home?

Posted on 15 August 2007

We currently own our family property with no mortage in the UK and intend to purchase another property in the UK with a mortgage which will be used as a hoilday home. Can you tell us whether this would come under a buy-to-let...

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Category: Buy-to-let, Holiday homes, Mortgages in retirement, Tax issues

Answers provided in response to Ask the experts are based on the information provided and do not constitute advice under the Financial Services & Markets Act. They reflect the personal views of the authors and do not neccessarily represent the views, positions, strategies or opinions of John Charcol Limited. All comments are made in good faith, and John Charcol Limited will not accept liability for them.

We recommend you seek professional advice with regard to any of these topics where appropriate.

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