We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 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 Advice Please! Consent to Let, Relocating for work
Options

Morefeesplease
Posts: 1 Newbie
Hi
I am in the process of choosing a lender for my first property.
HSBC & Accord are the best available.
Work is international, it is likely I will move around in coming years.
Best route if I need to move: apply for Consent to Let, if the move looks permanent - remortgage to BTL - at the right time
I hear mixed views on CTL (interest hikes) etc. though it seems an easy process if you genuinely need to relocate.
Converting to BTL seems more complex, particularly if I live abroad.
Has anyone any experience to share with having to relocate after a purchase?
CTL and / or BTL conversion from abroad
With all the fees, admin, product shifts etc.. will I actually just lose money and gain only stress!?
Any advice would be greatly appreciated, many thanks.
0
Comments
-
I have just done Consent to Let with Santander. They have allowed me to stay on my current 5 year fix. At the end of that period I will move to Buy To Let. It seemed to me to be a tick box exercise. I don't live abroad though. The fee was something like £200.1
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 350.9K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.5K Spending & Discounts
- 243.9K Work, Benefits & Business
- 598.8K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards