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Old 21st Jun 2023, 12:14
  #68 (permalink)  
PPRuNeUser0211
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Originally Posted by Stuff
If you go and talk to the lender (or use a clued up mortgage broker) you will find that there are a few lenders out there that will allow you, because of the special Armed Forces circumstances, to take out a residential mortgage with "permission to let". Santander and Halifax being the two that I have used myself.
I've used similar in the past. Depending on the lender they quite often put a time limit on the permission to let (2-3 years is what I've found) before they then insist you switch. It's basically designed to cover your main residence for a tour away as far as I've found, not an investment property, but there's some out there that are forces friendly as evidenced above. <Edit to add> I believe they quite often whack on a 1% surcharge, iirc.
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