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2 mortgages
chriz1
Posts: 335 Forumite
Looking to rent out my house as things aren't selling to well in our area at the moment,as the mrs wants to move like yesterday!
Currently have a mortgage on this house,
But have seen another house we quite like,do rather than miss the opportunity would it be possible to rent this out and apply for another mortgage ?
Currently have a mortgage on this house,
But have seen another house we quite like,do rather than miss the opportunity would it be possible to rent this out and apply for another mortgage ?
0
Comments
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Quick answer without knowing your circumstances is yes.
Whether you can or would wish to pursue this route is another matter.
More information you are happy to provide the better the advice and comments you will receive on which to base your judgement. .0 -
Do a search for "consent to let." There are dozens of threads on it over the last couple of years. Examples;-
https://forums.moneysavingexpert.com/discussion/comment/60453317#Comment_60453317
https://forums.moneysavingexpert.com/discussion/comment/60170401#Comment_60170401
https://forums.moneysavingexpert.com/discussion/comment/60117591#Comment_60117591
https://forums.moneysavingexpert.com/discussion/comment/60046995#Comment_60046995
https://forums.moneysavingexpert.com/discussion/comment/59836301#Comment_59836301I am a mortgage broker. 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. Please do not send PMs asking for one-to-one-advice, or representation.0
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