16/07/2026
BTL REMORTGAGE AT FULL MARKET VALUE ON DAY 1
(No Evidence of Improvement works required)
Due to a recent change in lender policy, it is now possible to refinance your buy to let property at full market value immediately after purchase.
What does this mean?
Normal lender policy dictates that when you buy a property below market value you cannot immediately refinance at full market value to pull out cash - Unless you either wait 6 months or you can show you have improved and spent money on the property!
Both of these options would cost you more time and money before you can pull cash out and reinvest.
This new policy means you can potentially buy a property at auction below market value with cash or with bridging finance - refinance immediately and go again reducing bridge interest costs and without the need to spend on renovations.
