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Buy to let advice
semaj1
Posts: 2 Newbie
I have an existing buy to let mortgage with abbey national - now part of sanander. However I am now living abroad and would like to know whether or not santander would frown upon the fact that I am no longer living in the country. Am I breaking the terms and conditions of my mortgage by living abroad?
The loan to value of the property is somewhere between 75% and 80%. That being the case would anyone be able to recommend a mortgage company who would look favourably on me if santander do not? I have no additional capital I can invest.
Thanks
The loan to value of the property is somewhere between 75% and 80%. That being the case would anyone be able to recommend a mortgage company who would look favourably on me if santander do not? I have no additional capital I can invest.
Thanks
0
Comments
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Should be ok generally. The only issue you'll have is if you ever want to release equity in the future ie If your UK, expat further lending on a BTL is hard. Apart from that keep the payments made and they will leave you alone.0
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Thanks for the feedback - exactly what I was hoping for:)0
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