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Renting without changing mortgage

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will-he-payitoff
will-he-payitoff Posts: 816 Forumite
Part of the Furniture 500 Posts
in Mortgages & endowments
I am going to rent out my house, can I do this without changing my mortgage to a buy to let?
Do I need to inform my bank who I have the mortgage with. TIA

Comments

  • _Andy_
    _Andy_ Posts: 11,150 Forumite
    Yes you need to request 'consent to let'.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    You will need to obtain your lenders consent to rent your property out. If granted, this may only last for a certain period and the lender may impose different lending conditions on your mortgage.
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