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Switching buy-to-let to residential mortgage

Hi,

I own two properties. One on a residential mortgage, another on buy-to-let mortgage (currently vacant) with two different mortgage providers.

I want to change my residential mortgage to buy-to-let and my buy-to-let to residential - I.e. switch them around.

The house I have a buy-to-let mortgage on is nicer so I want to live there instead and let out my current residential property.

Any advice how I could go about doing this please?

Many thanks

Comments

  • Jonj123_2
    Jonj123_2 Posts: 5 Forumite
    Can anyone help me with this please?
  • kingstreet
    kingstreet Posts: 39,315 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Ask the lenders concerned.

    There is no "one size fits all" answer for what you want to do.
    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.
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