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Charlotte81

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  1. Although they are 2 separate buildings they both fall under the same mortgage. I think this is going to be a lot harder than I first thought!
  2. Thanks for your response. I am looking at a reduction in interest rate which will make the monthly repayments much more affordable and thus we would be able to afford some additional borrowing. The holiday let is being used as our current accommodation.
  3. Its a stage release self build, interest only mortgage
  4. Hi everyone I am new to this site and I have joined looking for some help if possible? I have 2 buildings on my piece of land, one of which is a double garage with a 1 bed holiday let above which is complete and a separate 4/5 bed detached house which is almost at the wind and water tight completion stage. We have had every draw down to its current stage but unfortunately now at a point that funds have depleted and the additional draw downs would take the mortgage payments to a level which would not be financially comfortable. So my question is, is it possible to re-mortgage (our current valuation at completion is considerably more than when we first started this build in 2009!!)
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