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I moved out of my one and only property last year that has been home for 14 years and I let it to a professional couple. I've moved in to a rented property with my partner. However the mortgage company has now written to me stating that I must change ...
Started by RegMolehusband on
, 20 posts
by 8 people.
Answer Snippets (Read the full thread at pistonheads):
And you a loading on your current mortgage....
Does anybody have any viewsI presume you're on a silly good mortgage deal that is actually costing your lender money.
Residential mortgage as I haven't bought-to-let as an investment.
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Can anybody give me some advice please?
I have had an offer accepted on a property (£66K) with a plan to renting it out (rental income approx £425-475 pcm). I have £36K to put down as a deposit and have applied for a buy-to-let mortgage of £30K, through...
Started by Posie1972 on
, 15 posts
by 4 people.
Answer Snippets (Read the full thread at moneysavingexpert):
For the speedy reply! If the worst comes to the worst then I will have to go ahead with a refurb mortgage some of the mortgage? I have savings put aside to cover the cost of any works so am a bit concerned this will have to be spent on ....
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Hi
I am a (now i realise, very naive) landlord and have just found out that a property I am renting out has a residential mortgage on it.
Sounds dodgy, but the mortgage was arranged by my 'business-partner' a few years ago and they have since left the...
Started by Terrified38 on
, 15 posts
by 9 people.
Answer Snippets (Read the full thread at moneysavingexpert):
It's not the end of the world could find a BTL mortgage....
They may then offer you a new mortgage on different terms.
The rent only covers the mortgage as it was supposed to be an investment immediately.
Was let out (About 18 months).
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Dear All.
I have just got £48k additional borrowing from the bank to either pay off my main home morgage of £255k (£1300pm) or to reduce my 2 buy-to-let morgages which sit at £35k (£135pm) and £95k (£280pm). On the face of it reducing my buy to let morgages...
Started by vanbel on
, 14 posts
by 3 people.
Answer Snippets (Read the full thread at moneysavingexpert):
Tom Reduce the resi and The....
That:
- this will reduce my total mortgage interest by £35 per month
- paying off buy to let mortgage A will mean I wont = £9k per year after management expenses
Mortgage interest = 5k per year.
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But the mortgage worked the hardest of them all
May 30, 2012 5:05 PM Subscribe What do you wish you had known about mortgage refinancing?
Started by LonnieK on
, 17 posts
by 17 people.
Answer Snippets (Read the full thread at metafilter):
Quite a few people seemed to have done OK with one part of the mortgage process with HELOCs much at that office....
mortgage/service of your mortgage, different banks have radically different levels/styles of customer service) areas.
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Background: My mortgage was with the bank A since last year an half (15 yr fixed loan). Recently bank A sold it to a Mortgage Company B. I received a letter from bank A that my loan terms still remains same. After few days received a welcome letter and...
Started by technocrat10 on
, 30 posts
by 6 people.
Answer Snippets (Read the full thread at fatwallet):
After few days received a welcome letter and....
I received a letter from bank A that my loan terms still remains same .
Recently bank A sold it to a Mortgage Company B.
mortgage was with the bank A since last year an half (15 yr fixed loan).
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Dear All.
I have just got £48k additional borrowing from the bank to either pay off my main home morgage of £255k (£1300pm) or to reduce my 2 buy-to-let morgages which sit at £35k (£135pm) and £95k (£280pm). On the face of it reducing my buy to let morgages...
Started by vanbel on
, 6 posts
by 4 people.
Answer Snippets (Read the full thread at moneysavingexpert):
I will pay also pay £13k off buy to let property....
That:
- this will reduce my total mortgage interest by £35 per month
- paying off buy to let mortgage A will mean to clear my £35k mortgage on buy to let property A.
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When my wife and I relocated we obtained a consent to let from our lender and have been happily renting out or old flat since. This flat has been rented out for almost two years and is self funding.
Now we want to buy a family home in our new location...
Started by jambajuice on
, 8 posts
by 4 people.
Answer Snippets (Read the full thread at moneysavingexpert):
It will be easier to get the next mortgage in quite a straightforward manner, than trying....
Current lender (who will remain nameless) has been very accomodating with consent to letYou almost answered all of your own questions.. .
mortgage.
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Can you more mortgage savvy people help me out please?
We need to move house. We're having trouble selling our house (although have only been on market 2 months) but need to move sooner rather than later since we live in a 3 storey town house and I'm ...
Started by rndb on
, 7 posts
by 4 people.
Answer Snippets (Read the full thread at moneysavingexpert):
Mges on with them (the one under consent to let, and your primary residence) so this may, your existing mge on the let property will probably be placed on svr & a loading (which you should to have 2 residential mortgages (even if....
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What banks are giving out buy to let mortgages for an foreign apartments in turkey? As this will be my first mortgage!
Started by tombenjr2004 on
, 11 posts
by 6 people.
Answer Snippets (Read the full thread at boards):
Banks won't lend against a property in Turkey as an guarantor (no mortgage....
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