Post by james21 on Jun 16, 2018 14:49:46 GMT
Now these have been separated, after 24 hours they're both about one third funded - so RS are covering the other £1M because the previous loan was repaid yesterday. I was pleased to be out, especially when I saw the refinancing of the "cottage" is proposed to be BTL; IME a lender will be looking for a rent of at least £75k/annum to cover the current borrowing, which seems a bit steep even given the annexes!