{"id":140464,"date":"2023-11-27T14:00:41","date_gmt":"2023-11-27T07:00:41","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/we-are-moving-cities-should-we-get-a-mortgage-if-we-rent-out-our-home\/"},"modified":"2023-11-27T14:05:17","modified_gmt":"2023-11-27T07:05:17","slug":"we-are-moving-cities-should-we-get-a-mortgage-if-we-rent-out-our-home","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/we-are-moving-cities-should-we-get-a-mortgage-if-we-rent-out-our-home\/","title":{"rendered":"We are moving cities \u2013 should we get a mortgage if we rent out our home?"},"content":{"rendered":"


\nOur monthly rental income after tax would not be enough to cover the cost in our new location fullyQ We own our home in Plymouth outright, so have no mortgage on it.Next March we have to move to Manchester for work. We have only just bought our Plymouth home (in May 2022). Our plan is to rent in Manchester for at least two years. At the moment we have no plans to return to, or settle in, Plymouth in the future. We bought the house because, at the time of buying, we thought we would be here for at least five years, but then our work circumstances changed. Continue reading…
\n
\nSource : theguardian.com
\nRead more…We are moving cities \u2013 should we get a mortgage if we rent out our home?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Our monthly rental income after tax would not be enough to cover the cost in...<\/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-140464","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-Axy","jetpack-related-posts":[{"id":136144,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/we-want-to-rent-out-our-manchester-house-when-we-move-but-what-are-the-tax-implications\/","url_meta":{"origin":140464,"position":0},"title":"We want to rent out our Manchester house when we move but what are the tax implications?","date":"May 1, 2023","format":false,"excerpt":"\r I have a new job in London, although we cannot afford to buy a property thereQ My partner and I currently own a property in Manchester. We purchased the house in 2018 and the value has risen from \u00a3150,000 to \u00a3200,000. I have been offered a job in London\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":11082,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/help-to-buy-rules-mean-i-cant-rent-out-my-flat\/","url_meta":{"origin":140464,"position":1},"title":"Help-to-buy rules mean I can't rent out my flat","date":"April 21, 2016","format":false,"excerpt":"\r I want to move to my partner\u2019s house but my mortgage terms prevent me from leasing my flat out. What can I do?Q: I have a problem. I bought my flat in Manchester in June 2014 with an equity loan from the help-to-buy scheme. I met my partner in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":82142,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/we-said-it-wasnt-acceptable-how-bristol-is-standing-up-to-developers\/","url_meta":{"origin":140464,"position":2},"title":"'We said it wasn't acceptable': how Bristol is standing up to developers","date":"March 7, 2018","format":false,"excerpt":"\r With little social housing and a property price explosion, campaigners and councillors are taking back controlHousing crisis: 15,000 new Manchester homes and not a single one \u2018affordable\u2019When former legal adviser Kerry Mead, 41, split from her partner and needed a home to rent with her two children, Sammy, 9,\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":140464,"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. 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