D
Dub38
Guest
Hi.
I have a question in relation to mortgages.
I have a tracker rate mortgage with my bank for my apartment which me and my family live in.
The rate is 0.85% above the E.C.B.
I am closing contracts in July for our family home and am taking out a standard variable rate mortgage with another bank.
I might try and sell the apartment or I might rent it out. If I rent it out I know that I will lose the tax relief at source (I am assuming that I will qualify for T.R.S. on my new mortgage?).
Do I still get the tracker rate of 0.85% above the E.C.B. for my apartment mortgage if I decide to rent it out?
I checked the terms and conditions of my loan offer for the apartment and there is nothing there that say otherwise.
I have a question in relation to mortgages.
I have a tracker rate mortgage with my bank for my apartment which me and my family live in.
The rate is 0.85% above the E.C.B.
I am closing contracts in July for our family home and am taking out a standard variable rate mortgage with another bank.
I might try and sell the apartment or I might rent it out. If I rent it out I know that I will lose the tax relief at source (I am assuming that I will qualify for T.R.S. on my new mortgage?).
Do I still get the tracker rate of 0.85% above the E.C.B. for my apartment mortgage if I decide to rent it out?
I checked the terms and conditions of my loan offer for the apartment and there is nothing there that say otherwise.