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We want to buy our first home and then move abroad. Is this possible?


We aim to return to the UK every now and then to live in the property but we are unsure about buy-to-let mortgagesQ My girlfriend and I are thinking of buying our first property together (neither of us have bought or owned property before). But we are thinking of moving abroad in a few years’ time and keeping the property here and renting it out. We may from time to time move back here for a year, live in the property and then move back abroad and rent it out again.We hear that we would need to change the mortgage to buy to let. Is that necessary? Is it easy to do? What are the implications of doing this? MT Continue reading…

Source : theguardian.com
Read more…We want to buy our first home and then move abroad. Is this possible?

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