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Buying & Renting / Morgage advice...
all4one
Posts: 40 Forumite
Hoping some of you brain boxes can help me...
Currently own house its worth 200k, I got 40k to pay off on offset mortgage (House A)
Seen a house its up for 210k and I got 30k in savings (House
.
I'd like to rent out House A and take a new mortgage on House B, whats the best way to do this ? Do I switch the mortgage on House A to a buy to let, or am I missing a trick. I phoned my current mortgage providers and they said they wouldnt provide me a 2nd motgage so I'd need to go elsewhere...
Look forward to some input ?
Currently own house its worth 200k, I got 40k to pay off on offset mortgage (House A)
Seen a house its up for 210k and I got 30k in savings (House
.I'd like to rent out House A and take a new mortgage on House B, whats the best way to do this ? Do I switch the mortgage on House A to a buy to let, or am I missing a trick. I phoned my current mortgage providers and they said they wouldnt provide me a 2nd motgage so I'd need to go elsewhere...
Look forward to some input ?
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