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!
Mortgage for private landlord
Fuzzythinking
Posts: 188 Forumite
Hi
Today I went to Halifax in attempt to get a fixed rate for two years for my property which my tenants currently live at the moment. They could not offer me any fixed rate mortgage product. I will have a SVR mortgage from my existing bank next month.
Now I am trying to find alternative bank that can offer me a fixed mortgage.
Should I select buy to let mortgage or remortgage when trying to compare other offers with my new SVR mortgage?
Which website is the best for me to compare?
FT
Today I went to Halifax in attempt to get a fixed rate for two years for my property which my tenants currently live at the moment. They could not offer me any fixed rate mortgage product. I will have a SVR mortgage from my existing bank next month.
Now I am trying to find alternative bank that can offer me a fixed mortgage.
Should I select buy to let mortgage or remortgage when trying to compare other offers with my new SVR mortgage?
Which website is the best for me to compare?
FT
0
Comments
-
Select "Buy to Let". Remortgage is for residential.
Not all deals are available direct or on comparisons so you may be better off speaking to an independent advisor.0 -
If he already owns the property it's still a remortgage.
You are looking for BTL remortgage products, or let to buy products from some lenders if you are buying a new main residence as well.I 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
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.5K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.5K Work, Benefits & Business
- 601.4K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards