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Consent to Let Residential Mortgage Case Study
This is a great case study on how Liquid Expat Mortgages helped a British Citizen moving from Birmingham to The Persian Gulf to secure a Consent to Let Residential Mortgage for their house in Birmingham.
The scenario.
Emily S, a British citizen, worked as a teacher in the UK but took a teaching job opportunity she felt she couldn’t miss teaching in Oman. It was on a fixed contract of three years with an option to renew annually if everything went well. She owned a house in Birmingham, and she didn’t want to sell it as she had considerable equity in it, and it was close to family and had great links in and out of the city. She planned to return to the UK and in the meantime, she wanted to rent out her home.
Here’s how it worked.
We were then able to secure Emily a Consent to Let Residential Mortgage to provide her the flexibility to rent out her home while she worked and lived in Oman. A “Consent To Let” mortgage gave her the flexibility and peace of mind to let out her property and ensure it was there for her when she decided to return.
UK Consent to Let Residential Mortgages
No mater where you are currently living or working around the world, Liquid Expat Mortgages can help you secure a Consent to Let Residential Mortgage in the United Kingdom. Contact us now for a free quote. Our fully qualified and experienced mortgage advisers will advise you on the best mortgage options available for your circumstances.
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