ASK377: Should I buy a home or an investment first? PLUS: Do I need more insurance?
The Property Podcast
00:00
How to Get a Buy to Let Mortgage
It's tricky to get a buy to let mortgage when you don't own your home. It's not impossible, but there are far fewer options out there. The best option in terms of keeping your options open would be to try to find a property that works for both. You can keep the same mortgage, but get your lender's permission to rent the property out and continue to hold the property even if you're living abroad. Even that though, it's still not straightforward because of course there might be tax considerations. What does that mean for your tax situation? I have no idea, but it's something that you would need to look into.
Transcript
Play full episode
