Government forcing landlords to house non-paying tenants for lengthy periods11:18 AM, 15th September 2020
About 5 days ago 39
My Buy to Let mortgage is coming up for renewal in June. My existing tenancy agreement ends in mid May. The lender is insisting that I have a 6 month AST in place when I renew the mortgage – is that normal?
My current tenants would like to extend but with rolling 2 months notice which I am ok with, but to satisfy the mortgage lender I’d have to get them to commit for at least 6 months.
Should I just shop around for a different mortgage or is this 6 month minimum AST normal for a mortgage renewal?
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