{"id":88051,"date":"2018-05-14T13:00:20","date_gmt":"2018-05-14T06:00:20","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-i-get-a-residential-mortgage-with-immediate-consent-to-let\/"},"modified":"2018-05-14T13:03:44","modified_gmt":"2018-05-14T06:03:44","slug":"can-i-get-a-residential-mortgage-with-immediate-consent-to-let","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-i-get-a-residential-mortgage-with-immediate-consent-to-let\/","title":{"rendered":"Can I get a residential mortgage with immediate consent to let?"},"content":{"rendered":"


\nI bought a house but am renting it out as I\u2019m working in a different city for a couple of years Q I bought my house in 2015 with a mortgage with an interest rate fixed for two years. At the end of the two years at the beginning of 2017, I remortgaged onto another two-year fixed-rate deal. However, in November 2017, I secured a job in a different city. I subsequently let out my home to tenants and obtained a consent to let from my mortgage lender for the remainder of my fixed-rate term (due to expire at the beginning of 2019). I now rent a flat in my new city. I have, of course, completed a self-assessment for the income and so on. I am concerned that I will have to switch to a buy-to-let mortgage the next time I am due to remortgage. I could understand if I owned my flat in my new city, that I should be subject to higher rates of interest because I would effectively own two properties. However, my house is my only property and I fully intend on moving back to my old city at some point in the next two years or so. It would seem unusual that I would have to pay a buy-to-let mortgage rate when it\u2019s my sole property. Is it possible to get a normal residential mortgage with immediate consent to let in these circumstances?ER Continue reading…
\n
\nSource : theguardian.com
\nRead more…Can I get a residential mortgage with immediate consent to let?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

I bought a house but am renting it out as I\u2019m working in a different...<\/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-88051","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-mUb","jetpack-related-posts":[{"id":97992,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/should-i-sign-a-statement-confirming-i-have-no-rights-to-my-boyfriends-flat\/","url_meta":{"origin":88051,"position":0},"title":"Should I sign a statement confirming I have no rights to my boyfriend\u2019s flat?","date":"September 17, 2018","format":false,"excerpt":"\r We live together but I don\u2019t pay rent and I\u2019m worried it will affect our mortgage when we buy a houseQ Shortly after I met my boyfriend in September 2016 he bought a flat. 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