We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Woolwich Permission to Let
MinMoz
Posts: 156 Forumite
Currently on 0.29% above base rate tracker with Barclays and want to rent this house out and buy another whilst retaining the current mortgage.
LTV is currently 50% - mortgage is £300 per month versus possible rent of £500. Can also afford to run the 2 mortgages.
Has anyone had any experience of obtaining permission to let with the Woolwich? Any advise offered on approach to adopt?
Thanks
LTV is currently 50% - mortgage is £300 per month versus possible rent of £500. Can also afford to run the 2 mortgages.
Has anyone had any experience of obtaining permission to let with the Woolwich? Any advise offered on approach to adopt?
Thanks
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.4K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.5K Work, Benefits & Business
- 601.3K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards