Property News · June 19, 2023

Will I have to switch to a buy-to-let mortgage for a six-month sabbatical?


We’re planning a six-month trip so I’d like to rent my flat out while away to cover the billsQ I bought my flat a little over a year ago, and have recently agreed to take a sabbatical with my partner. We’re planning to be out of the UK for up to six months from the end of this year-middle of next. Ideally, I’d like to rent my flat out while we’re away to cover costs of mortgage, bills etc.I understand that I will need to talk to my mortgage provider, but I’m not sure what the options might be. I understand that if I were to rent the flat out permanently I’d need to change to a buy-to-let mortgage, but will I be expected to do that for just six months?KC Continue reading…

Source : theguardian.com
Read more…Will I have to switch to a buy-to-let mortgage for a six-month sabbatical?

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