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Tenanted Property - Residential Mortgage

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I understand that legally, a residential mortgage should only be applied for if I, as the owner, will be living in the property from day one.

The property I am currently looking to purchase is currently tenanted. Although I could ask the seller to inform the tenant that they need to vacate the property before the sale completes, I am not actually too bothered to wait a few months before moving in and wait for the lease to run out before informing the tenant to leave.

Of course, that means having a tenancy agreement with the tenant. This would probably only be for 3-4 months.

Can I ask for the current tenancy agreement to pass on to me?

Am I asking for trouble or will the lender not notice/care for such a short period?

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I know that they could get a bigger offer in the mean time but the landlord cannot force the tenant to leave untilthe contract expires.

How about you arrange a sale and exchange with a contractual completion date later the the tenants are due to leave.

be sure to add a clause into the contract that the property must be vacated before completion.

You will not get a residential mortgage if there are tenants in the property, you will have to sign to say that YOU will be living there so unless you're willing to lie......

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