In last week’s post we looked at the scenarios in which a mortgage lender could take repossession of your property. This week we will explore Government Powers Over Your Property and how they can possess a buy to let property or order you to sell. What compensation would there be?
Continue reading “Repossession Risk Part 2: Government Powers Over Your Property”Mortgage Repossession Myths: What Landlords Need to Know
One of the fears of Buy-to-let investors is that they could lose their investment. For instance, could there be a mortgage repossession or confiscation by a government body? Both scenarios would be extremely rare. Here I highlight some unlikely circumstances where a mortgage company would either call in a loan or repossess a property.
Continue reading “Mortgage Repossession Myths: What Landlords Need to Know”
