Ahh, this seems to be one of those surprisingly emotive and emotional subjects.
I never fail to be surprised at the number of newbie property investors who hope to be able to draw down and borrow large sums of money, without having make some sort of commitment to the bank to pay it back!
And somehow they assume that if they have a limited company, they can hide 'behind the corporate veil' if, for whatever reason, they decide not to pay back the bank the buy to let mortgage.
in this video I discuss PGs, the costs and independent legal advice with my very good mortgage broker.
Here's to successful property investing!
Peter
Peter Jones
Author, property investor, ex Chartered Surveyor
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If you'd like me to put you in touch with my very good mortgage broker to discuss any aspect of buy to let lending and mortgages, please email me:
Peter@ThePropertyTeacher.co.uk
For my best selling ebooks please click here:
The Successful Property Investor's Strategy Workshop
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The Successful Property Renovator's Workshop
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63 Common Defects In Investment Property and How to Spot Them
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Goal Setting to Property Success in 5 Simple Steps
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The Quick Start Guide to Buying the Right (Buy to Let) Investment Property
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The Property Portfolio Accelerator Plan (How to go from 1 to 10)
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