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Mortgage to Buy to Let

Posted: Thu Oct 27, 2022 6:51 am
by Kansai Kerfuffle
Hi there,

I couldn't find any reference to this in previous posts but was wondering if anyone has any experience of changing your mortgage to a buy-to-let type loan in Japan with your bank?

I'm with Shinsei and was just looking out for what kind of things to bear in mind, how much the interest is likely to rise or perhaps anyone who has been able to avoid doing it?

Thanks in advance!

Re: Mortgage to Buy to Let

Posted: Thu Oct 27, 2022 12:47 pm
by Tkydon
If you are planning to let your current primary residence, they may give you permission without changing the terms of your Mortgage. This is often the case. Please ask at your bank.

Re: Mortgage to Buy to Let

Posted: Thu Oct 27, 2022 1:10 pm
by Kansai Kerfuffle
Thanks Tkydon, we are but are moving out to another place so was just wondering if anyone has experienced this.