There is no guarantee that it will be possible to arrange continuous letting of the property, nor that rental income will be sufficient to meet the cost of the mortgage.
Your home may be repossessed if you do not keep up repayments on your mortgage.
There will be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances.
The fee is up to 1% but a typical fee is 0.3% of the amount borrowed.
Lomond Mortgage Services provides expert mortgage advice to its customers.
Our advicen will be specifically tailored to your needs and circumstances which could be for your first home, moving home, investing in property or remortgaging.
Please do not hesitate to contact us.