Property Hawk the landlord's homepage since 2006
Free Tenancy Agreement FREE tenancy agreement
Free Landlord Software FREE landlord software
Home | Property Manager | Free ASTs | Landlord Forms | Mortgages | Insurance | Inventory | Magazine | Landlords Bible | Directory | Forum | Training | News / Blog |

Thursday, July 23, 2009

Landlords Looking to Free up Some Cash


Tip of the week 1: Free up some cash

Have you got spare capital in one of your properties and would like to get access to it? Well, remember you can still use the technique of the ‘further advance’.

Here’s an example with BM Solutions.

Say you bought a property last year, significantly under what you thought the market value was, and therefore you reasonably believe there is equity in it. As it’s a fixed rate, you don’t want to remortgage due to early redemption penalties however so you can apply for a further advance.

And use this neat trick!

We can determine the market value by getting an online index valuation from BM within minutes, we can then tell you how much cash you can release and what the cost will be.

So, cost to you for this information: zero !

Time spent by you: five minutes!

Give us a call, and we’ll talk you through it. We will just need your BM account number.

BTL BROKER 01424 205 373 ref PropertyHawk for No Fees Special Deal




Bookmark and Share

No comments: