Remortgage to Buy Another Property
Unlock the value tied up in your current home to fund the deposit for a buy-to-let investment or a second home.
Releasing Equity for a Deposit
If your property has increased in value, you have built up "equity." You can remortgage to release some of this cash, providing you with a lump sum that can be used as a deposit for a second property.
1. Calculate Your Equity
Your equity is the current value of your home minus your outstanding mortgage balance.
2. Remortgage Your Main Home
We arrange a new mortgage on your current home for a higher amount.
3. Pass Affordability Checks
The lender will strictly assess your income to ensure you can afford the higher payments.
4. Buy the Second Property
With your deposit secured, you then apply for a separate mortgage for the new property.
The Step-by-Step Process
Releasing equity to buy another property requires careful planning.
Valuation & Equity Audit
We get an accurate valuation of your current home.
Dual Affordability Check
We model your income against both the new larger main mortgage and the second property.
Deposit Release
We arrange the remortgage on your main home to release the cash.
Second Property Purchase
We secure the most competitive mortgage for your new investment.