Episode 3: Auction results and remortgaging

27/11/2019 21 min Episodio 3

Listen "Episode 3: Auction results and remortgaging"

Episode Synopsis

Stuart and Simon discuss auction results, recent and from the more distant past. With a wider chat about "reading" auction rooms.
Simon talks about potentially remortgaging to pull out some equity to provide new deposits, with the basic financial details around that. Followed by a slightly deeper discussion about mortgage options, loan to value and rental cover stress tests.
Simon can't do mental arithmetic, he wrote the PaTMa BTL profit calculator (https://app.patma.co.uk/prospector/property-profit-and-yield-calculator/) instead!
Stuart runs through the figures on one of his HMO investments.