do you know if this is possible or legal ?
I would like to buy another house but not really sell the one I have at the moment.
I am with the woolwich , so could I get consent to let then, apply for a residential mortgage. i have only had the mortgage for 14 months.
then after the period of CTL is up maybe switch it to a BTL or sell it or possible move back in.
Do i have to inform them of my intentions about applying for another residential mortgage or just ask them for CTL and say it is for work or family reasons
thank you to any help on this
I would like to buy another house but not really sell the one I have at the moment.
I am with the woolwich , so could I get consent to let then, apply for a residential mortgage. i have only had the mortgage for 14 months.
then after the period of CTL is up maybe switch it to a BTL or sell it or possible move back in.
Do i have to inform them of my intentions about applying for another residential mortgage or just ask them for CTL and say it is for work or family reasons
thank you to any help on this