{"id":127080,"date":"2022-06-20T13:03:43","date_gmt":"2022-06-20T06:03:43","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/should-i-sell-my-buy-to-let-flat-or-keep-it\/"},"modified":"2022-06-20T13:18:36","modified_gmt":"2022-06-20T06:18:36","slug":"should-i-sell-my-buy-to-let-flat-or-keep-it","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/should-i-sell-my-buy-to-let-flat-or-keep-it\/","title":{"rendered":"Should I sell my buy-to-let flat or keep it?"},"content":{"rendered":"


\nIt has been a successful rental, but I\u2019ve hardly reduced the loan and I\u2019m worried about remortgagingQ In 2006 I bought a flat on the south coast. Looking back I had no clue what I was doing and got caught up in an unrealistic bubble that burst soon after. I live in rented housing in the south and couldn\u2019t really afford to buy anything. But I thought I would get a buy-to-let mortgage and that holiday letting would pay the mortgage and that at some point I would own it as I would otherwise never be able to buy in the area I live as my work has always been unstable freelance.I was refused a buy-to-let mortgage (they said there was no guarantee it would let for enough weeks but I knew it would because of the seaside location) so I asked for a domestic mortgage, planning to live there within a couple of years and thinking it was no big deal. But my circumstances changed and I have not moved. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Should I sell my buy-to-let flat or keep it?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

It has been a successful rental, but I\u2019ve hardly reduced the loan and I\u2019m worried...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-127080","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-x3G","jetpack-related-posts":[{"id":78555,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/do-i-need-a-buy-to-let-mortgage-to-get-a-flat-with-tenants-still-there\/","url_meta":{"origin":127080,"position":0},"title":"Do I need a buy-to-let mortgage to get a flat with tenants still there?","date":"January 31, 2018","format":false,"excerpt":"\r The owner has agreed a new 12-month lease on the property and I would like to live in it Q I want to buy a flat, and I am a first- time buyer. 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He\u2019s a first-time buyer but I\u2019m not as I own the flat that\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120834,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/im-paying-off-the-mortgage-on-my-flat-whats-the-best-way-to-buy-a-house\/","url_meta":{"origin":127080,"position":2},"title":"I\u2019m paying off the mortgage on my flat \u2013 what\u2019s the best way to buy a house?","date":"June 7, 2021","format":false,"excerpt":"\r I\u2019m wondering if I should sell my current property, or try to keep it to bring in rental income Q I bought my flat with a mortgage about six years ago, scraping my way in as a first-time buyer just before any of the government\u2019s help-to-buy schemes were available.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137434,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/will-i-have-to-switch-to-a-buy-to-let-mortgage-for-a-six-month-sabbatical\/","url_meta":{"origin":127080,"position":3},"title":"Will I have to switch to a buy-to-let mortgage for a six-month sabbatical?","date":"June 19, 2023","format":false,"excerpt":"\r We\u2019re planning a six-month trip so I\u2019d 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\u2019re planning to be out of the UK for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":12562,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buy-a-luxury-flat-for-only-hk1-2m-downpayment-henderson-lands-95pc-home-mortgage-scheme-offered-at-mid-levels-project\/","url_meta":{"origin":127080,"position":4},"title":"Buy a luxury flat for only HK$1.2m downpayment? Henderson Land\u2019s 95pc home mortgage scheme offered at Mid-Levels project","date":"May 10, 2016","format":false,"excerpt":"\r A luxury residential project in West Mid-Levels will only require buyers at presale to put down a 5 per cent initial deposit, or HK$1.2 million, for a home worth HK$24 million.\r \r Source : South China Morning Post\r Read more...Buy a luxury flat for only HK.2m downpayment? Henderson Land\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117768,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-i-buy-a-house-in-my-name-but-put-my-partner-on-the-mortgage\/","url_meta":{"origin":127080,"position":5},"title":"Can I buy a house in my name but put my partner on the mortgage?","date":"July 13, 2020","format":false,"excerpt":"\r I\u2019m worried we won\u2019t be eligible for the stamp duty cut as my fiance owns a flat he can\u2019t sellStamp duty: what is it and what has the chancellor changed?Q I live with my fiance, who part-owns a one-bedroom flat in south London through a shared- ownership scheme. 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