Can I get remortgage within 6 months of purchase in the U.K.? Yes, that is true! While you can remortgage your home in as few as 24 months, several lenders would not fund a property until it has been purchased for at least six months. Remortgaging your house after 24 months of purchase or end of current product will save you thousands of pounds in the long run. However, certain complicated remortgage products are only available via a broker. You should also check your current product details carefully to make sure that there is no early repayment charge.
Doing a buy to let remortgage may be different from remortgaging your main residence because BTL remortgage amount calculation is based on the rental income of the property whereas, lenders would like to assess your current income and expenditure when you want to remortgage your main residence. Working with a specialist remortgage advisor in London is the safest way to locate a buy to let remortgage, regardless of the case. Specialist remortgage advisors would provide ties to a number of lenders that will have a decent remortgage package within six months of a home purchase.