5:24 AM, 16th May 2015, About 7 years ago 13
I’m in the process of buying my first Buy to Let property and have just received the mortgage offer from the solicitors and it states that no Dss / Housing authority / Students are allowed as tenants.
In my original mortgage offer from the financial advisors which I only received 4 days ago, there is no mention of this even in the special conditions attached to the end of the offer.
Is this a normal BTL mortgage condition? Although I am new to the purchase of BTL property, I have worked with/for a lot of landlords and have gained a fairly good knowledge of the subject – or so I thought!
Any advice or thoughts from the members would be appreciated.