Hi.
Has anyone had any experience or advice in relation to renting out our house that is a residential mortgage.
My wife (Spanish) & I are thinking about going to Barcelona for 3 years or so. Our house has a smallish mortgage 80,000 euro remaining with a tracker rate of ECB + 0.51%. & about 7 years or so remaining in term. It was originally with Danske bank but now with Pepper. IDo pepper automatically switch people onto a Buy To Let mortgage & if what could this Rate end up as?. The potential move depends on being able to rent the house out & being able to live in it once again when we return back to Ireland, and having a letting agent to attend to things while we are away.
Thanking you in advance for any advice.
Dan
Has anyone had any experience or advice in relation to renting out our house that is a residential mortgage.
My wife (Spanish) & I are thinking about going to Barcelona for 3 years or so. Our house has a smallish mortgage 80,000 euro remaining with a tracker rate of ECB + 0.51%. & about 7 years or so remaining in term. It was originally with Danske bank but now with Pepper. IDo pepper automatically switch people onto a Buy To Let mortgage & if what could this Rate end up as?. The potential move depends on being able to rent the house out & being able to live in it once again when we return back to Ireland, and having a letting agent to attend to things while we are away.
Thanking you in advance for any advice.
Dan