By Admin on Nov 23, 2008 in Personal Finance
Alan S asked:
I currently live at home but have a buy to let property in Kent. I have been offered a job in Berkshire so will be moving out and am reluctant to sell the flat! Can I get a seperate residential mortgage for me to live in and have two mortgages from just the one salary?
Content for WordPress
I currently live at home but have a buy to let property in Kent. I have been offered a job in Berkshire so will be moving out and am reluctant to sell the flat! Can I get a seperate residential mortgage for me to live in and have two mortgages from just the one salary?
Content for WordPress
Mortages are granted based on your ability to PAY. . If you rent your residence you must declare that as income. Same with property tax–must pay for both and only the house you live in has the homstead exemption.
Mortages are granted on the ability to PAY.
Gerald | Nov 25, 2008 | Reply