We are overseas and when we rented our house out we stayed with current mortgage and got Consent to Let. We are now looking to sell and then buy a bigger place. We will rent it out for between 1-5 years but it will be our sole property and we intend to live in it when we return. I'm being told that we have to get a BTL mortgage which is more expensive. HAs anybody done better? (I am paid in UK as British Crown Servant and we are only looking for 40% LTV ratio if any of that helps?!)
Please or to access all these features
Please
or
to access all these features
Discuss investments with other users on our Investment forum. For more advice read our tips for saving for your child's future.
Investments
Do I have to have a BTL mortgage if its my sole property?
1 reply
JooLoo · 30/07/2013 18:55
OP posts:
Please create an account
To comment on this thread you need to create a Mumsnet account.