I want to move location (London) and have been offered a better job, but it is a one-year contract job. After this ends I will need to start job hunting for a permanent position.
I need to re-arrange my mortgage to a buy-to-let so I can rent it out or I can commute into London.
Will I be allowed a buy-to-let mortgage if I don;t have a permanent job? Also, would I be allowed to continue with my residential mortgage, if I decided to commute into London.
My mortgage agreement expires in October and after I will need to re-arrange it. The job starts in February and ends in December. . When I bought the house I already had 25% of the deposit. Will this factor into it.
Should I reconsider this temporary job and stick to my secure and permanent job?
Thank you in advance for all advice.
I need to re-arrange my mortgage to a buy-to-let so I can rent it out or I can commute into London.
Will I be allowed a buy-to-let mortgage if I don;t have a permanent job? Also, would I be allowed to continue with my residential mortgage, if I decided to commute into London.
My mortgage agreement expires in October and after I will need to re-arrange it. The job starts in February and ends in December. . When I bought the house I already had 25% of the deposit. Will this factor into it.
Should I reconsider this temporary job and stick to my secure and permanent job?
Thank you in advance for all advice.