BTL Mortgage - Further Tip of the Week

Get your offset/flexible mortgages whilst you can

Theres one residential lender who has come out with an absolute fantastic offset lifetime tracker at 2.47% over base rate.

Im not going to tell you the name of the lender here but I will give you a clue - dont expect your mortgage offer before 3 months!

Using offset mortgages has always been a tried and tested way to give yourself your own credit facility. For example, you can instantly draw down the funds, buy a property for cash, refurbish it, remortgage it after 6 months and then replenish your funds to fight another day!
Oh, and you can also get flexible buy to let mortgages, but sadly not at 2.97%!