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Do you think the mortgage co's will provide a decent valuation at the moment? Serious question - it's possible we could move by getting the equity from my other place out via a new BTL loan.
Other things that might concern you -
the govt. has been attacking private landlords for some time by eroding financial incentives. I'm not sure if there's anything left for them to take, but they could do more. Who knows.
additional stamp duty although you can get it back if you don't rent long term
once in, it's difficult to get out. Rented properties are hard(er) to sell
Yes, if I remortgage my current place at 75% LTV I'd release enough equity for a 25% deposit on the new place.