can't get a mortgage... why?? best not to reveal buy to let?

mrginge

fedupwiththiscountry wrote: »

I am still really keen to know hypothetically what the ramifications could be for someone who rents his property out but has a residential mortgage, any ideas out there?

They will put you on the national hunter database and you won't be able to get a mortgage or credit of any kind for a very long time.

Good luck!

amnblog

Dave_Ham wrote: »

This does not sound like hard work.

The OP does

Thrugelmir

fedupwiththiscountry wrote: »

This has all been through a broker, they've come up with loads of excuses as to why I'm not appropriate but now they've had two last minute declines they have told me they dont want to apply for anymore because if natwest and TMW wont lend then in their opinion no one will.

They are not excuses it's hard facts you are being given. There's no automatic right to finance. Lenders will lend to who they wish.