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remortgage confusion
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mrtnpalermo
Posts: 5 Forumite
Hi
I am in a confusing situation. My 3 year fixed mortgage runs out in March 2009 and I am in the process of finding a new deal.
Once i get my new mortgage, there is a chance that I will need to relocate back to my parents, therefore potentialy leaving my property uninhabited.
My question is
Is it possible to get a normal mortgage from my bank, and then if i have to relocate, rent out my property for between 6-12 months.
thanks
I am in a confusing situation. My 3 year fixed mortgage runs out in March 2009 and I am in the process of finding a new deal.
Once i get my new mortgage, there is a chance that I will need to relocate back to my parents, therefore potentialy leaving my property uninhabited.
My question is
Is it possible to get a normal mortgage from my bank, and then if i have to relocate, rent out my property for between 6-12 months.
thanks
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