BTL sale or not?

spooky12

Deleted_User said:

If I had a Btl and still had a residential mortgage I'd sell the Btl and pay the proceeds off my own mortgage. 

I realise on here all peoples circumstances are different, but the seems to be a kind of logic  that says low yield that are unlikely to increase would probably sell, higher yield rentals with a good outlook no huge mortgage you would probably keep and see off the short term blip in house price, and stick it out for the long term. 

 Can I ask what you would consider the cut off point regarding net yield of the property for you personally?

housebuyer143

Looking at the rent and loan, the numbers will not stack when you come to remortgage, so you won't be able to change lenders, and will likely only be able to rate switch.

In your position I would plan to sell the house at the end of the fixed term and then pay down the residential unless there is a better investment opportunity at the time. The time of cheap rates are a thing of the past in my opinion so I don't think you will be making enough profit to cover the risk associated with renting.