New EICR to cover any changes made by outgoing tenant?10:00 AM, 4th May 2021
About A week ago 69
I bought my first house 1 1/2 years ago, at £159k. Unfortunately on new years eve I was made redundant, and there are no jobs available in the local area I have been offered a new job up in Scotland.
The property value (Btw, its a help to buy property) has unfortunately decreased to around £150k and the likelihood of selling this at present is dim. I have requested consent to let paperwork from my lender however they will not consider moving my deal meaning in two months I revert back to the standard rate.
My redundancy package gives me around a 5% deposit on a property in Scotland of a similar size, but I now discover 95% mortgages are unavailable on a second home? Is there any other routes or scenarios I could consider, my lender is unwilling to discuss as their mortgage payments are not in immediate danger of being affected?
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