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BTL offer conditions

Hi all
 need some advice and clarification for below from Precise Bank for BTL 
thank you 

Section 9
Flexible features
.You do not have the right to transfer this loan to another lender or property. 



Comments

  • 13RRR
    13RRR Posts: 2 Newbie
    First Post
    Do I have an option to change Lender with in my fixed term paying with ERPC 
    or can I re mortgaging to another lender after my fixed term period ends.
  • housebuyer143
    housebuyer143 Posts: 4,073 Forumite
    1,000 Posts Third Anniversary Name Dropper
    13RRR said:
    Do I have an option to change Lender with in my fixed term paying with ERPC 
    or can I re mortgaging to another lender after my fixed term period ends.
    It means you can't port it to another property. You can leave at any time by paying the erc.
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