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williom
Posts: 10 Forumite
Hi
I am currently own a shared ownership house in London for nearly 4 years , can I buy any other property as buy to let in England ?
I am currently own a shared ownership house in London for nearly 4 years , can I buy any other property as buy to let in England ?
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Comments
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why would you want to?Don't put your trust into an Experian score - it is not a number any bank will ever use & it is generally a waste of money to purchase it. They are also selling you insurance you dont need.0
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You can see the paperwork with whoever owns the rest of your current SO property. What does it say?0
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Why not !
if you have the deposit and Income to get a BTL mortgage with a BTL lender.
Where you live is not that important anymore.
Getting through all the other hoops with becoming a Landlord maybe more fun0 -
Why not !
if you have the deposit and Income to get a BTL mortgage with a BTL lender.
Where you live is not that important anymore.
Getting through all the other hoops with becoming a Landlord maybe more fun
Thanks for your help , 2 years ago I spoke to my mortgage broker on that time she advised while you having shared ownership house you can not buy any other since then I never thought abt it but now I thought to find some useful information here.0 -
Thanks for your help , 2 years ago I spoke to my mortgage broker on that time she advised while you having shared ownership house you can not buy any other since then I never thought abt it but now I thought to find some useful information here.
most (but not all obviously) shared ownerships will require you to use the property as your main home.
Your plan implies you intended carry on doing so, therefore I can't see a reason why they can stop you from spending your own money on a property you will not be residing in because it will be a BTL whilst you own it0
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