ASK188: Can I roll all my mortgages into one? PLUS: Do I need one company per property?

ASK188: Can I roll all my mortgages into one? PLUS: Do I need one company per property?

By Rob Bence and Rob Dix from The Property Hub

This week on Ask Rob & Rob, we’ve got Dave Cookson joining the guys again to answer even more mortgage related questions.

Maybe we should have dedicated this month’s ‘ask’ questions to Dave. But nevertheless we’ve got another two cracking mortgage related questions that you may never have thought to ask before.

So let's get started...

The first question comes in from Stuart who has more than one buy to let property in his personal name.

He’s wanting to know if there is a mortgage product where you can combine all of your BTL mortgages into one and effectively just have one lump mortgage that covers all of your properties.

Turns out it’s a pretty common question and one that Dave gets asked quite frequently; ‘can I have one lender that supports my portfolio in a limitedconpany?’ You’ll have to tune in to find out the answer…

Our second question comes from a listener who is wanting to know if he needs a limited company for every property that he purchases. He’s heard of some investors using this strategy but is wondering what’s best in terms of mortgageability.

What’s Dave’s opinion on multiple companies and what advice does he give?

Hit the play button to find out.

Tune in next week when Dave will be back once again to answer more mortgage questions.

Do you have a buy to let or property investment related question for Rob & Rob? You could feature on the next episode by giving us a call on 013 808 00035 and leaving a message with your name and question (normal UK call rates apply).

Or if you prefer, click here to leave a recording via your computer instead.

The next question on Ask Rob & Rob could be yours.

Have you joined us over on the Property Hub Forum yet? Our online community is friendly, informative, and the members are waiting to welcome you with open arms. So get yourself over and introduce yourself.

See omnystudio.com/listener for privacy information.

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