buy-to-let mortgage for nonres brit?

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Jan 25th 2011, 12:00 am

#16

Schbang

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Joined: Oct 2010

Posts: 41

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Re: buy-to-let mortgage for nonres brit?

Yes, i have used Liquid for a new purchase, last year, no major complaints, but in hindsight, in my case the fees did seem a bit steep, you are welcome to pm with any questions if further feedback is required.

Last edited by Schbang; Jan 25th 2011 at 12:32 am.

Jan 25th 2011, 12:13 am

#17

formula

BE Forum Addict

Joined: Apr 2008

Posts: 2,294

Re: buy-to-let mortgage for nonres brit?

Quote:

Originally Posted by kimbap

we are getting kicked out of our mortgage in a few weeks as it was only for home owners living in their home. we mistakenly revealed all and are now forced to look for something else (our most recent return says we are non-res in UK so it's hard not to admit it to any new lender)

I would worry about a letting agent that didn't ask you for proof of your consent to let from your mortgage lender. If they are forgetting to do something as major as that then what else are they forgetting to do?

Even if the landlord uses a letting agent, the landlord is the one who is fined (or worse) if they break the housing laws. Plus Mr Taxman (HMRC) is not going to be very happy at all if he hasn't been told and received/issued the correct forms.

Last edited by formula; Jan 25th 2011 at 12:19 am.