Cash purchase, refrub and then mortgage propety after?

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David.
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Hi

I am looking at buying a property for cash, refurbishing it and then mortgaging the property at its end value once all works have been carried out and the property is tenanted.

Has anyone done something like this recently? are you aware of any time restrictions that lenders may have in terms of mortgaging a property that was only recently purchased for a lower value?

Thank you.

28/01/2017 21:53

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