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Tenants in common & declaration of trust

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Comments

  • ChrisBint
    ChrisBint Posts: 45 Forumite
    Cakeguts wrote: »
    But you aren't going to live in it you are going to let it. Residential mortgages are for people who are going to live in the property straight after they buy it.

    Buy to let properties are for people who want to buy a house to let. You are buying a house to let. You aren't going to live in it. You say you may live in it in the future but you aren't buying it to live in straight away so you need a Buy to let mortgage not a residential one.

    Have you told your mortgage company that you are not going to be living in the house and are going to let it?

    My partner had a standard mortgage with agreement to let from Lender for many years with no issues.
  • 00ec25
    00ec25 Posts: 9,123 Forumite
    1,000 Posts Combo Breaker
    pootleflump wrote: »
    Because I haven’t looked the form up yet - I know about it because I was told by a helpful person on this forum.
    didums, you have now been significantly helped again, this time to the full info you need.
  • pootleflump
    pootleflump Posts: 100 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    00ec25 wrote: »
    didums, you have now been significantly helped again, this time to the full info you need.

    Thankfully most people on here offer help without the need to belittle others.
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