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Buy to let mortgage

My Buy to Let Mortgage Application with Virgin Money was going fine until they heard that the vendor wanted to become my Tenant. Anyone know why this might a problem or how to solve it?

Comments

  • betmunch
    betmunch Posts: 3,126 Forumite
    Can't remember the exact rules but sale and rent back is no longer allowed.

    Solved by getting a fresh tenant
    I am a Mortgage Adviser
    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.
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