Titch_lite

Hi,
Hoping someone can help me with this. Im sure some have had some experience

I am moving to the US this November. I am currently with Halifax, about to remortgage early and going to apply for consent to let in Januray 22. What happends at the end of the product term? Can i just select a new product and carry on with consent to let? or do it have to go on the standard rate?

Thanks

destone

Do you have a mortgage broker who can advise further?

angelman

When I did this I got a whole new product. I got lucky and got an incredible new mortgage that was 0.5% over BofE base rate. Current mortgage rate is 0.6%!! I had a lot of trepidation at the time doing this since I was already in the US and renting my property out. Barclays/Halifax had no issues with me being in US at all and the whole process was way easier than I ever imagined.

Mic1

Lloyds just asked me to advise as to when a tenant is moving in and that's it. Apparently i have to notify them every year as to whether i'm back or whether my home is still tenanted. However, they did also say that i'd struggle to renew that agreement after 7 renewals but we would of decided which way to jump long before that anyway.