House 2 house mortgages
The House 2 House scheme is designed for clients who want to rent out their property.
Lending is based on earned income rather than rental assessment.
- Available for purchase or remortgage
- No minimum income on first property application
- Up to three properties can be mortgaged with this scheme
All our products are SUBJECT TO AVAILABILITY and can be withdrawn at any time.
A product is only available for further borrowing if it states this in the features
box.
Your client's home may be repossessed if they do not keep up repayments on their
loan. Whilst a fixed rate mortgage can give your client certainty around monthly
payments, the Bank of England Bank Rate may go down as well as up. The value of
your client's home may alter with market conditions so that the amount of the loan
may exceed the value of the home.