A
AnnTherese
Guest
When leasing a home, it is expected that the homeown notifies the mortgage lender as the mortgage loan is subject to change once the home owner does not occupy the property. Correct?
Rent at the moment is significantly lower than mortgage repayments
Lenders do not display information online as to what you might expect to pay if/when you notify them of change, which leaves homeowners almost afraid to ask the question.
It seems debatable as some people will advise you to contact lender immediately and others will tell you that once your meeting repayments that is all that matters
What should a home owner really do when they decide to rent out their place??
Rent at the moment is significantly lower than mortgage repayments
Lenders do not display information online as to what you might expect to pay if/when you notify them of change, which leaves homeowners almost afraid to ask the question.
It seems debatable as some people will advise you to contact lender immediately and others will tell you that once your meeting repayments that is all that matters
What should a home owner really do when they decide to rent out their place??