Uk buy to let mortgages

Sveinb wrote on Sat Jan 6, 2024 8:17am:

Speak to your UK solicitor, from what you say this has pt nothing to do with Spain (now or 18months ahead). Your registered address surely is in UK?

MikeandLeann wrote on Sat Jan 6, 2024 10:06am:

Hi Sveinb. Yes, my address is in the UK, but in 18 months times my address will be in Roquetas de Mar and the terms and conditions of the mortgage clearly state that my main residence must be in the UK. I was just wondering if anyone else had a UK buy to let with their main residence in Spain and...

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... if they had any problems 

Geordiemark wrote on Sat Jan 6, 2024 7:47pm:

It's easy, just don't tell them. As long as the blood sucking leeches are getting the money and you get your correspondence to a UK address they won't give a sh*t.

MikeandLeann wrote on Sat Jan 6, 2024 8:06pm:

That's exactly what I was thinking. My only concern is would the Spanish tax authorities have anything to say about my correspondence address for my buy to let's not matching my Spanish address 

Geordiemark wrote on Sat Jan 6, 2024 8:22pm:

I've always worked on the principle of. "It is better to ask for forgiveness, than permission". What's the worst that can happen? If your lender finds out, they will probably apply an additional x% to the interest rate charged. But as long as everyone is getting their pound of flesh, then it's un...

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...likely you're going to have an issue.

MikeandLeann wrote on Sat Jan 6, 2024 8:33pm:

I think I might take up that philosophy. That made me smile. Many thanks Mike 

John99andrew wrote on Sat Jan 6, 2024 10:18pm:

By broadcasting what you are doing is not a good idea, don’t you think the Spanish authorities look at these post on the  forum, it will only be a matter of time before they catch up with you, I know a person that they caught up with,  it was 15 years but they got him in the end.

MikeandLeann wrote on Sat Jan 6, 2024 10:51pm:

Dont worry. I will do the right thing. I don't want to fall foul of the Spanish laws. I have every intention on declaring everything to the Spanish authorities. It was the English mortgage I have concerns about, and whether it was possible to live in Spain and have UK buy to let mortgages