Lenders are increasingly checking how their buy to lets are being used. A standard buy to let mortgage used as a short term let isn't going to pass going forward.
The message? The right mortgage for the right type of tenancy. The risk of getting it wrong is too big.
#buytolet #shorttermlet #sevice
lime-fs.com
The Risk of the Wrong Buy to Let Mortgage - LIME FINANCE SOLUTIONS
Using a standard buy to let mortgage for Airbnb or serviced accommodation puts you in breach. Here's why lenders check, how they find out, and what to do instead.