Former BTL, now my home, can I get home loan mortgage rate?

Thirsty

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PPR with no mortgage.

Investment property with BTL mortgage at 4.8% and less than 50% LTV

Investment property is in a better location, considering moving into it and renting current PPR.

If I do so, can I seek a change in mortgage rate as that property is now my PPR?
 
You could ask the bank but I imagine if it was taken out as a BTL mortgage then unlikely. Does pose an interesting question though and if you were to apply to another bank as a switcher would they know it was originally a btl. Helps that your other property is mortgage free
 
Why though?
Actually I'm not all that sure! A lot of PPR's with trackers - people renting them out and bank couldn't force a BTL interest rate so was thinking in reverse. Best idea is to ask your bank and failing that try switching to another bank and see what happens
 
If you have the income to support the mortgage, then you could just switch to another lender if your current bank doesn't cut the rate.

I would be fairly sure that they would.

Brendan
 
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