We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
Can I live in a buy to let if I buy outright?
Hi all,
Wondered if you can help me with something. I am looking to relocate and have found a place that would be perfect. However, it is a buy to let - and essentially at some point I would like to live in it. We are cash buyers - so if I were to buy it outright, would this mean I can live in it at some point? We would actually be looking to keep it tenanted for about a year anyway, so we are not looking to kick anyone out right away. A buy to let is perfect for us for the time being as it means tenanted income for us while we sort a lot of things out this end, and also the tenant gets to stay in the place for another year.
Thanks for all your help!
Comments
-
Hi all,
Wondered if you can help me with something. I am looking to relocate and have found a place that would be perfect. However, it is a buy to let - and essentially at some point I would like to live in it. We are cash buyers - so if I were to buy it outright, would this mean I can live in it at some point? We would actually be looking to keep it tenanted for about a year anyway, so we are not looking to kick anyone out right away. A buy to let is perfect for us for the time being as it means tenanted income for us while we sort a lot of things out this end, and also the tenant gets to stay in the place for another year.
Thanks for all your help!
0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.6K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.5K Spending & Discounts
- 247.5K Work, Benefits & Business
- 604.3K Mortgages, Homes & Bills
- 178.5K Life & Family
- 261.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards