Vision for an independent organisation to represent UK landlords20:18 PM, 16th September 2018
About A week ago 68
8:16 AM, 7th December 2015
About 3 years ago
In 2014 I was able to buy my sister’s 4 bed BLT using my inheritance and some of my pension as a large deposit.
I am with BM solutions on a regulated BTL and the 2 year fixed ends at the end of Dec. My son lives in the property with his partner and their 2 months old baby and one tenant.
I have now been told that not only can I not remortgage but I can’t even get a new deal with BM Solutions.
The repayments will go up by more than £200pm and I will have to stick with that as long as I have family in the property. Does anyone know if there is any alternative to this?
I just want to help my son and his family, they have always kept up with the rent and look after the property.
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