BRRR Dangers of Buy Refurbish Refinance Rent what the Gurus dont tell you
Channel: Niche
Date: 2020-08-16

BRRR – Buy Refurbish Refinance Rent – it’s lovingly known is a gearing process that has enabled landlords to amass properties down the year. In short, the concept of BRRR is proven and there have been many success stories however as the economic fall-out from the pandemic filters through equity buffers will be vital to fall back on. In this video, Payam Azadi discusses the pitfalls of having high mortgage payments and how mortgage lenders assess the performance of the whole portfolio in the background and not just the property you are looking to finance.

#BRRR  #DangersofBRRR #BuyRefurbishRefinanceRent 

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If you're looking to get Buy to Let Mortgage using the Buy Refurbish Refinance Rent BRRR Strategy you can contact Payam Azadi at Niche Advice
https://www.nicheadvice.co.uk/contact...
T:0207 9932044
www.nicheadvice.co.uk
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Niche Advice are Independent Whole of the Market Mortgage Brokers dealing with different types of clients buying properties and are here to help you buy property all across the UK. 

Niche Advice Limited is a Credit Broker and does not lend money directly to clients. Niche Advice Limited is authorised and regulated by the Financial Conduct Authority

If you are thinking of consolidating existing borrowing you should be aware that you may be extending the terms of the debt and increasing the total amount you repay.

AS A MORTGAGE IS SECURED AGAINST YOUR HOME OR PROPERTY, IT COULD BE REPOSSESSED IF YOU DO NOT KEEP UP THE MORTGAGE REPAYMENTS.
The content of this Video does NOT constitute giving advice it is purely designed for general information purposes only. The qualification for a mortgage will depend on your own individual circumstances and your case should be fully discussed with a Professional Mortgage Broker before you apply.