Hi All,
This is my first post on here. I have been following the forum for a few weeks since we began considering a move back to the UK from Canada. My husband and I moved here in 2010 and we are both now Canadian citizens as well as UK citizens. Since moving here we have had a son who is also a dual citizen, he has his UK passport.
Amongst my other concerns, which I hope to get your views on later, one major sticking point that seems to be throwing a spanner in the works is that we currently own 2 properties, one is our main residence and the other we rent out. If we decide to go ahead with the move (still so many questions) we would sell our main residence but keep the other property as we currently have tenants signed up until March 2020. We have also lost about $25K on the property price due to the current housing market and we would have a penalty of $10k for coming out of the mortgage early as we are on a fixed rate term until 2020. Our plan was to file as non residents for tax purposes when we cash in my husbands work pension and our RRSPs from pensions we brought over with us. We asked our mortgage lender where we would stand in terms of owning property and them continuing to lend to us if we were non residents. They have been unable to give us an answer and have stated that unless we give them a firm date for leaving (we haven’t even made up our minds yet) they cannot tell us if they would continue to lend. They mentioned that a non resident is normally required to have 35% deposit in order to get a mortgage ( I didn’t think this applied to Alberta where we are) and we have no where near that in equity in the house. So the bank have been unable to give us any clarification whatsoever. If it weren’t for the current rental agreement we have, we might consider cutting our losses and selling. Has anybody ever been in the same boat or can anyone throw some light on this for us please?

Thank you Aviator for your reply and the link, very interesting read. We definitely plan on consulting an accountant or tax professional before we make any firm plans to leave. We will also read through our mortgage contract and see what it states, if anything, about leaving the country.
We have sent yet another email to our bank to try and get an answer to our questions but we have yet to receive a reply. Speaking to a mortgage broker is a very good idea!