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BTL Mortgage Issue

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Author Topic: BTL Mortgage Issue  (Read 174 times)

Head-bang

Newbie
Posts: 1

I like property
« on: January 18, 2020, 11:37:01 PM »
Hi
Looking for thoughts and advice on the following.
I’ve recently took steps to remortgage onto a BTL mortgage following letting my property out. Through a broker a mortgage offer was successful but have now been informed this isn’t the case due to my tenancy being non assured.
Why would this be unacceptable compared to a AST??? I

Simon Pambin

Global Moderator
Sr. Member
Posts: 414

I like poetry
« Reply #1 on: January 19, 2020, 01:53:48 PM »
Mortgage companies don't like anything out of the ordinary, and anything other than an assured shorthold tenancy is very unusual these days. What sort have tenancy have you set up?
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