Mortgage - new joiner

Discussion in 'Joining Up - Royal Navy Recruiting' started by Ronald Avy, Aug 28, 2016.

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  1. Hi -again...

    I phoned my local AFCO and they were extremely helpful with some of my questions but forgot to ask and couldn't find a direct answer here.

    I am in the process of buying a flat (via mortgage) where I currently live. I know from what I read that debt etc isn't ideal and taken into huge consideration...

    I wouldn't obviously live in my flat for the first 6months at least as I am single. Would they take in consideration me renting my flat out to compensate for the debt? eg mortgage = £408, rent = £600

    Just need to know so If I need to sell it at some point I can - but would need to be after 2 years.

    Sorry for the questions, I am a methodical thinker just thinks things through....
    Many thanks
    Last edited: Aug 28, 2016
  2. Ninja_Stoker

    Ninja_Stoker War Hero Moderator

    Yep, as long as your lender allows you to rent, that covers the liability as far as security clearance is concerned - providing the property is already sub-let at the time of gaining SC. A stated intent is a bit iffy.
  3. Thank you for the reply,

    As always very helpful....

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