i dont want to have a buy to rent mortgage, but have been told i cant have 2 mortgages
2006-09-24 06:57:53 · 5 answers · asked by paul t 1 in Business & Finance ➔ Renting & Real Estate
yes you can, if you can afford the repayments, but there may be a better way than running two mortgages at the same time!
2006-09-24 07:00:15 · answer #1 · answered by simon1840i 2 · 1⤊ 0⤋
i work in a mortgages dept, and if you have enough income coming in to support 2 mortgages, then you are legally allowed to have 2. There will be thorough investigations into your money situation
2006-09-24 14:04:28 · answer #2 · answered by ToniLianne 4 · 0⤊ 0⤋
as others are telling you Yes! if you have the resources for payments
2006-09-26 06:43:06 · answer #3 · answered by srracvuee 7 · 0⤊ 0⤋
Yes, if lenders believe you can afford it
2006-09-24 14:43:30 · answer #4 · answered by thegodfather 2 · 0⤊ 0⤋
lol thats a good question! i think you need to think about it more though before you ask other people
2006-09-26 07:33:11 · answer #5 · answered by Anonymous · 0⤊ 0⤋