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Buy to let mortgage help
Comments
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Silvertiffy wrote: »I am on the electoral role where I am living not where I have the mortgage.
Current lender is Halifax and I have not asked them for consent to let.
Not a good opening position if you approach them for additional borrowing.
If you move to a BTL mortgage your interest costs will increase considerably. So your profit will be reduced. As you wish to release funds for your son. Have you considered selling the property?0 -
First port of call would always be your current lender.
Then you can compare against the rest.I am a Mortgage AdviserYou should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0 -
Let your son live in your rental property?0
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