How To Remortgage to Buy a Second Property | Property Investment UK

Most people think buying an investment property means saving another full deposit - it doesn't. If you already own property in the UK, there's a very good chance you're sitting on equity you've never touched. In this video I break down exactly how to release that equity through a remortgage and use it to fund your next property purchase - completely tax free. I've personally done this over 100 times across a multi-million pound portfolio. In this video you'll learn: • What equity is • What a remortgage actually is (and why the cash you release is tax free) • Remortgaging your personal residence • What the new mortgage will actually cost you at current 2026 rates • Remortgaging an existing buy-to-let property • The 75% LTV rule and 125% rental coverage test every BTL lender applies • How to handle early redemption charges before you commit • My 7-step remortgage process Interested in getting educated by me about all thing Property Investing then go to: https://www.aspireeducation.co.uk/joinaspireeducation ------------------------------------------------------------------------------------------------------------------------- Want to become one of my investors? Do you have £100K ready to go? fill in your details here: Thanks! Go to https://www.aspirepropertygroup.co.uk/?utm_source=YoutubeOrganic and fill in your details! ------------------------------------------------------------------------------------------------------------------------ Want to learn more about Buy-to-Let's, download my free guide here: https://bit.ly/jyboringvanillabtlguide How I research properties: PropertyData: https://propertydata.co.uk/a/jamieyork ------------------------------------------------------------------------------------------------------------------------ How I Manage my portfolio finances for free: Lendlord: https://lendlord.io/jamie-york-deal-analyzing-with-lendlord ------------------------------------------------------------------------------------------------------------------------ How I get finance for my property deals: https://lendlord.io/aspire-education-finance ------------------------------------------------------------------------------------------------------------------------ Before you go make sure you've subscribed to not miss out on the latest property investment videos! 0:00 - Intro 0:38 - What is equity? 2:03 - What is a remortgage? 2:25 - Remortgaging your personal residence 3:06 - Personal Mortgage Example 4:59 - Pro tip to tell your mortgage broker 5:36 - Remortgaging your buy-to-let portfolio 6:22 - Rental coverage explained 7:12 - What a redemption statement is and why you need one 7:45 - Early redemption charges 8:33 - The 7-step remortgage process