We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Lodger - Not allowed by mortgage company!
Options
Comments
-
following on from that they can prevent the legal owner from lawful access to the building
If owner resides there they cannot prevent access. If owner no longer lives there they have become tenants.
Assuming they are not tenants and that owner does not reside there, owner can still change the locks and prevent further access as soon as they leave the property to go to the nearby store.0 -
Don't have to force entry as they have a key and following on from that they can prevent the legal owner from lawful access to the building
Well, they could try if they were minded to. All it would take to rectify would be a locksmith and a pick-axe handle. The police would say it's a civil matter and not want to be involved.0 -
BitterAndTwisted wrote: »They are? In what way?
You go to work, lodger changes locks, invites scummy mates around and there you have it - an instant squat.
How likely is it? Not particularly. However, I can see why a mortgage company might be concerned especially if more than half the money tied up in the property is theirs.jjlandlord wrote: »If owner resides there they cannot prevent access. If owner no longer lives there they have become tenants.
Assuming they are not tenants and that owner does not reside there, owner can still change the locks and prevent further access as soon as they leave the property to go to the nearby store.
Which is why proper squatters never ever leave a house unoccupied."One thing that is different, and has changed here, is the self-absorption, not just greed. Everybody is in a hurry now and there is a 'the rules don't apply to me' sort of thing." - Bill Bryson0 -
mustrum_ridcully wrote: »You go to work, lodger changes locks, invites scummy mates around and there you have it - an instant squat.
No this is not a squat as 'you' can use reasonable force to enter the property and kick everyone out.
In addition anyone not leaving immediately when requested by resident owner would commit a criminal offence and be liable to be arrested on the spot.0 -
I wouldn't even bother informing the mortgage company.0
-
i'm with the co op for my mortgage. Didnt inform them of a lodger staying in my flat and when i mentioned it when speaking to them about another matter they didnt bat an eyelid. I wouldnt have thought it would matter to them but perhaps you could draw up an agreement with the lodger so that potential issues dont arise later down the line.0
-
Irrespective of the mortgage lender issue, there are a host of sensible precautions to take when considering lodgers. More here (down the bottom!)victhesmith wrote: ».......but perhaps you could draw up an agreement with the lodger so that potential issues dont arise later down the line.0 -
Hi Buzbyc
I would agree with the posters who have suggested you try and give them another call. It does sound like a case of 'computer says no' and maybe a misunderstanding of your intentions.
Maybe mentioning that you'd like to take advantage of the Governments 'rent a room' scheme might clear up any confusion that you might be renting out the whole house to tenants?
S_JPenny: I'm a little low on cash.
Leonard: How much you got?
Penny: Nothing!
Leonard: How can you walk around with no money?
Penny: I'm cute, I get by.0 -
You should NOT have to inform your mortgage company if you want to take in a lodger - they wouldn't give a !!!!!!. I suspect the dumb customer service rep you spoke to is confused and thinks your trying to let the property.
Just do it.0 -
i didn't even dream of telling the mortgage company when i moved the boyfriend in. has never crossed my mind that i would have to. yes, if renting it out in full and me not there, but not me moving someone in.1
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 350.9K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.5K Spending & Discounts
- 243.9K Work, Benefits & Business
- 598.8K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards