Switching to a buy to let mortgage

blt

I have a property which is up for sale and after being on the market for 4 months, has had no viewings. I've redecorated it, dropped the price below other similar houses but nothing....

It is empty as I have moved in with my partner so I'm now considering renting it out. TBH I really didn't want to do this but I can't keep paying out on it every month. Cheltenham and Gloucester have said that they can switch me onto a buy to let mortgage but my question is then about buying another house. Will the fact that I have a BTL mortgage on another property reduce the amount that they will allow the 2 of us to borrow?

We really want to buy our own place together but my house just isn't shifting!!! :mad:

Thank you for any help - it's driving me crazy

Thrugelmir

Have you considered selling your partners house first? And living in yours.

blt

Hi,

Yes we did but they're 50 miles apart and my job is near is house...

poppy10_2

Got a rightmove link?