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I have 70k in savings. i wanna buy a house for 100k. therefore need a 30k mortgage. if i buy the house and remortgage it to buy another one - how much capital will be available to me?will it be the 100k for the 100% value of the house_??

I think i understand what you are saying, and this should help! :)to buy a buy-to-let property, typically a lender will look for a substantial deposit - 20-30% depending on who you go with. so...going buy your plan, if you buy your house for 100k, with a 30k mortgage, then remortgage it you should be able to get about £80k, which of course you could invest in new properties. you will then, be paying interest on the full £80k - plus whatever additional borrowing you have taken on in order to pay for the second house.its difficult to advise you on the best way to fund all this without knowing the details of how and when you are buying all the properties. however, you need to sit down and think about:* how much you can afford to be repaying.* how much you need to set aside for repairs and vacant periods. * how quickly you will need the second property - and how much of a benefit it would be in having large amounts of capital available immediately ( than having to rely on a remortgage)my basic advice would be... if you are buying one property, and will then look to build upon this over a number of years when you find another one - you might well be best served reducing your mortgage payments with a large deposit. if, however, you are looking to extend you portfolio in months than years, it may be easier and more cost effective to retain more capital in savings and rely on a larger mortgage to fund the first and second purchase.nice luck!