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!

IS it possible to have 2 primary residence mortgages?

nawfal · 2006-12-28 04:05:14

Hi all, im new here. i was just wondering is it possible to have 2 mortgages that are primary residences? i have a 100% mortgage with HSBC, and was wondering if its possible to get another one with a different bank for another property i want. How will they check? im basically asking is there any way to get 2 100% or 95%…

Comments

herbiesjp Posts: 8,499 Forumite

29 December 2006 at 10:22AM

If you know from day 1 that you are going to let out the new property you should be looking at a BTL mortgage.

If you are buying with a partner, you should meet the minimum income requirements of some BTL lenders.

I would strongly recomend you talk to a whole of market mortgage adviser as they will give you the correct way of doing things

I am a Mortgage Adviser

You 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

This discussion has been closed.

★ ★ ★ Meet your Ambassadors

IS it possible to have 2 primary residence mortgages?

Comments

Confirm your email address to Create Threads and Reply

🚀 Getting Started

Categories

Is this how you want to be seen?

Get our FREE Weekly email full of deals & guides - and it’s spam-free