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Subletting HTB equity loan property when moving with work

F

fhranklucas

New Member
I'm buying a new build 1 bed flat in London from Taylor Wimpey on a Help To Buy equity loan scheme.

5% deposit
75% mortgage (most likely Barclays)
20% gov equity loan

There's a chance that I will have to move abroad with work in the near future and I was wondering if the property can be sublet in such circumstances. The gov website states that you can sublet your HTB property if your work arrangements change and if your lender agrees to it too.

Has anyone had actual experience with this or can help to understand this a little better?

Thank you in advance!
 
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