Mortgage conditions

0 Thanks
2 Posts
17 years ago
I'm mortgaging my property which has been let for the past 10 years to do some renovations. Past occupants have included professional sharers and I have generally found them quite reasonable tenants. Two building societies I have approached however indiate that such lets would be deemed 'multiple occupancy' and not allowed under their mortgage terms. Does anyone know of a lender that will take a different view?

Please Login

You must be logged in to participate in our forums, to continue please login below.

Not a member? From only £99 you can join in the discussion and get access to member's only resources and services.

As the home for landlords, the NRLA are here to help you save time, save money, and stay compliant. NRLA membership gives you access to a vast range of expertise, resources, and exclusive member benefits and savings, designed to help and empower members. We also play a pivotal role in campaigning and championing the interests of landlords.