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One buy to let only - not allowed?
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turtleneck
Posts: 102 Forumite
I have one property at the moment which is let out but the mortgage company is telling me I can't convert it to a buy to let mortgage because I don't own another property which I occupy.
The reason I don't is that I lodge with a mate and am actually thinking of buying a boat to live on. However, I would like to keep my property as an investment and happy to pay the buy to let fees.
Is there any way around this does anyone know?
The reason I don't is that I lodge with a mate and am actually thinking of buying a boat to live on. However, I would like to keep my property as an investment and happy to pay the buy to let fees.
Is there any way around this does anyone know?
0
Comments
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Find a new lender and get a BTL mortgage on it.I am a Mortgage AdviserYou 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
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