Buy to Let Capital Raising

Posted on 15 August 2011 by Robin T

I own a flat outright valued at £120,000 and at present the rental income amounts to approx £400 net.  I'm interested in raising capital of around £50,000. Is this possible and if so..., the best way? many thanx


Looking at the figures provided your rental income would support a loan of £50,000 and because you wish to borrow under 50% of the property value you should have access to some of the best deals in the market.

Your property would have to be valued by a Lender's surveyor and also deemed suitable for letting and the Lender would also want to carry out some personal checks on you before confirming their offer of mortgage.

I regret that I can not advise you if this is the best way to raise funds, but if you call 0344 346 3672 and tell the consultant the date and title of your question, they will then be able to advise you on your proposal.


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 necessarily represent the views, positions, strategies or opinions of John Charcol. All comments are made in good faith, and John Charcol 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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