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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Remortgaging BTL whilst on maternity
STAR_BUCK
Posts: 357 Forumite
Hi
I have a BTL with a fixed rate which ends June next year. We're quite good at doing the research a few months before the fixed rate expires to see what better deal we can get.
However we are also planning a child and am wondering whether me being on maternity leave around June time will be seen negatively by potential lenders ( i.e. they assume I wont be going back to work)
My hubby and I both have 70% LTV iand both have permanent jobs bringing in approx £80k and I will be going back to work ( i'm lucky to have free childcare with grandparents living nearby)
I have a BTL with a fixed rate which ends June next year. We're quite good at doing the research a few months before the fixed rate expires to see what better deal we can get.
However we are also planning a child and am wondering whether me being on maternity leave around June time will be seen negatively by potential lenders ( i.e. they assume I wont be going back to work)
My hubby and I both have 70% LTV iand both have permanent jobs bringing in approx £80k and I will be going back to work ( i'm lucky to have free childcare with grandparents living nearby)
0
Comments
-
This should be fine.The J is a Financial Advisor-This site doesn't check anyone's status and as such any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Always seek professional advice.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.9K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.2K Spending & Discounts
- 247K Work, Benefits & Business
- 603.6K Mortgages, Homes & Bills
- 178.3K Life & Family
- 261.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards