moving to dublin, with possible debts ?
if we were to move from scotland to dublin , would our debts follow us ???? we have no debts apart from our mortgage.
my partner and i are moving to dublin, hopefully at the end of the year, orginally our plan was to keep our flat here, and just rent it out , however northern rock will not give consent to let, we both have had job offers over there that we have had to turn down , we are both graduates and are struggling to find decent jobs here in scotland. we are completely stuck , we cant get decent jobs here, but we cant sell because we are in negative equity ??????? considering just handing the keys back to northern rock , really dnt want to do that as we can afford to pay the mortgage and finance another flat in dublin but we just dnt have any other options that i can see
problem with just renting anyway, is being in another country we would need to use and agency to rent thro and they all want documents to prove the right to let
Yes, your debts most certainly will follow you. Otherwise, if people got loaded down with debt they would just move away all the time.
I would not have asked Northern Rock, they have no right to say you cannot rent out, as long as you are paying the mortgage. I know it can be difficult with Insurance, but I would have taken the risk and just done it. Mortgage companies never check who is living in the house.