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!
Permission to let and another residential mortgage
nixxystupot
Posts: 15 Forumite
Hi
In a nutshell I have had consent to let on my existing property and am in the process of buying another with my partner.
My questions are:
Once my deal has finished that I'm in currently will my permission to let have To go onto a btl or can I fix into another residential deal?
Secondly once my new property that I'm moving Into and the deal on that has ended (locked in for 2 years fixed) will other lenders be happy to lend me and my partner the money whatever deal may be available at the time?
I don't want to be left in a position where me and my partner a) cannot get the money lent to us and 2) get a really rubbish rate because I have a permission to let already.
Help and advice appreciated
Nix
In a nutshell I have had consent to let on my existing property and am in the process of buying another with my partner.
My questions are:
Once my deal has finished that I'm in currently will my permission to let have To go onto a btl or can I fix into another residential deal?
Secondly once my new property that I'm moving Into and the deal on that has ended (locked in for 2 years fixed) will other lenders be happy to lend me and my partner the money whatever deal may be available at the time?
I don't want to be left in a position where me and my partner a) cannot get the money lent to us and 2) get a really rubbish rate because I have a permission to let already.
Help and advice appreciated
Nix
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.8K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.8K Work, Benefits & Business
- 600.2K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards