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That is very kind. I am Happy to have helped

What people forget is those people managed to get on the property ladder by getting an interest only mortgage as it was cheaper. Now, by doing this they may have made tens of thousands of pounds in equity in periods of price growth that they would not have otherwise had if they had rented instead

Needs to be considered for sure but the rates and fees are much higher than mortgage finance, need to look at all options. What is unclear is what the op intends to do with property 1, sell, rent ? A bridging loan is normally done when a deposit is needed. A bridging loan will not solve the...

Ok having now seen this the let to buy will not work as there is not enough equity in the property at 90%. You could pay off some to bring it down to 75% and then you could let to buy with no penalties and get a higher mortgage on the new property. Lenders will however only allow 75% loan to...

Good advice. Without knowing personal income and assuming both properties are being kept the best option would appear to be a let to buy mortgage to pay off the existing mortgage. It would be based on the rental income achieved so should not affect the new mortgage if it meets criteria. The let...

What will you be doing with the first property ? Is the second your new residential property ? You can have 2 mortgages but income have to cover both. Could get 90% ltv. If not selling you could rent 1 and do a let to buy re mortgage on it with rent achieved determining this max loan. Too many...