UK Landlord Forum / Life

I'm about to purchase a house on a buy to let mortgage.
It needs quite a bit of work in my opinion I want to fit a new kitchen bathroom drive way and full garden landscape. I got the house at a good price so want to do as much work to it then re finance it.
I'm in no rush to complete the work as I'll be doing it myself and the mortgage payments are next to nothing pcm.
This is my first buy to let so I want to know do the lenders check if it's rented out. Is there a time limit on having it empty before they can get the ass about it,
Surley if I'm paying the mortgage without any issues they should be happy and leave me alone?

Thanks very much

Obviously there will be periods when any BTL will be empty,due to tenants leaving or work being carried out.Something about the way you have worded this makes me wonder if you are ever intending to let it out however? What is the re-financing about? Others will know more,but some clever juggling can in some cases mean fraud.More information is needed.

Yeah that's normal

Quote from: Billy94 on December 20, 2021, 09:57:59 AMSurley if I'm paying the mortgage without any issues they should be happy and leave me alone?

Pretty much, in practice. You are paying them more than you would if it was a Residential mortgage... not really their concern if you're not making any money yourself.

The Council, on the other hand, might start harassing you... and offering you the incentive of paying a premium on your Council Tax.

My council charges full rate for voids,with no waivers while refurbishments take place.The amount charged goes up every six months.The work you describe could easily take a year or more if you are doing it on top of your work,so do allow for that.