Cash Purchase how long before I can get a mortgage?

Posted on 1 February 2011 by Jose del Val


I just bought a house, cash buy, how long do I have to wait before I can get a buy to let mortgage?

Jose,

There are Lenders who will consider a mortgage application as soon as you appear as the registered owner at the Land registry. If you don't mind waiting for 6 months, then the majority of the Buy to Let mortgage market will be available to you and you will have a far greater choice of deals.

Peter

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.

You are currently offline. Some pages or content may fail to load.