Buy to let re-mortgage problems.
Like many other Landlords I have almost come to the end of my mortgage term with Barclays. (Woolwich as it was. ) I took the mortgage out initially to buy a place in Turkey which at that time was hoping to be included in Europe.
I am trying to sell over there but in the meantime asked Barclays for a mortgage extension which they refused as my income relies on my rentals which are not regarded as reliable income - despite the fact I have never defaulted on anything!
Do you have any ideas on this - or do any other members for that matter ?
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