So we are looking to move house at the moment, and I would also like to start on the BTL ladder, thinking about doing the following:
Using the equity in the current house to put a deposit on our next house. Move into the next house, while getting a BTL mortgage on current house and then letting it out.
Anyone done this? Thoughts?
Using the equity in the current house to put a deposit on our next house. Move into the next house, while getting a BTL mortgage on current house and then letting it out.
Anyone done this? Thoughts?
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