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British Expat with BTL Mortgage returning to UK
meerkatdrummer
Posts: 4 Newbie
Hi there.
My situation is as described in the title.
I've had a look through the mortgage agreement and can't see anything specifying it as an expat only mortgage (it's a buy to let with Natwest International).
At the time of taking it out I had no intention of returning to the UK whilst having the mortgage, but due to a chance in circumstances I am now living back in the UK.
I'd want to keep the bank updated with my current new residential address, (they currently have a UK address that I still have access to as my correspondence address anyway, so that's not a problem), but am worried that having moved back unexpectedly may effect my "eligibility" for the mortgage or that it may in some way effect it. Does anyone know if this is the case?
I haven't yet got a new job but have no problem paying the mortgage for a long time yet with a combination of the income from my tenants and my savings.
Thanks in advance!
My situation is as described in the title.
I've had a look through the mortgage agreement and can't see anything specifying it as an expat only mortgage (it's a buy to let with Natwest International).
At the time of taking it out I had no intention of returning to the UK whilst having the mortgage, but due to a chance in circumstances I am now living back in the UK.
I'd want to keep the bank updated with my current new residential address, (they currently have a UK address that I still have access to as my correspondence address anyway, so that's not a problem), but am worried that having moved back unexpectedly may effect my "eligibility" for the mortgage or that it may in some way effect it. Does anyone know if this is the case?
I haven't yet got a new job but have no problem paying the mortgage for a long time yet with a combination of the income from my tenants and my savings.
Thanks in advance!
0
Comments
-
I don’t see updating your address as an issue.
As long as you keep up with payments, no bank will forbid you from living in the uk0
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