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Do I Need To Tell My Lender...?

..That my income has decreased? It won't affect my ability to pay, it's still very comfortable, but I was wondering if I should tell them? Thanks!
Kavanne
Nuns! Nuns! Reverse!

'I do my job, do you do yours?'

Comments

  • jockettuk
    jockettuk Posts: 5,809 Forumite
    We've never told our lenders when our money goes up or down as long as you can pay each month i dont think its worth the bother
    Those we love don't go away,They walk beside us every day,Unseen, unheard, but always near,
    Still loved, still missed and very dear
    Our thoughts are ever with you,Though you have passed away.And those who loved you dearly,
    Are thinking of you today.
  • koexelek
    koexelek Posts: 7,847 Forumite
    They are only interested in your income when you take the mortgage out. Once the mortgage is up and running, you can do what you like job wise.
    I am a Mortgage adviser
    You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
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