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Electorol Roll Issue - Please advice...

I own a property which I have let out with the bank’s permission and currently living with my family. My family is in the process of purchasing their property and I will be contributing a small amount towards the deposit (unconditional deposit).

Their solicitor have said as I will be contributing towards the deposit I cannot be living at this address even though I had to sign an official document/letter to confirm its unconditional and I have no interest in the property (which is fine).
The solicitor will also be doing an electoral roll search on purchase property and the property where I will be living; to check that I am not at the purchase property and that I am living where I said I am!

I have checked with my family’s mortgage offer they have got and on the t & c’s says the following:
‘The mortgage is provided on the basis that at least 40% of the property will be used or is intended to be used, as or connection with a dwelling by you or a related person. A related person means anyone who is your spouse, your Parent, brother, sister, child, grandparent or grandchild; or relationship between husband and wife.’

My only option now is to move out and change my address with the electoral roll from my families address to the property I own and once the purchase is completed switch it back over.

Please can I have your advice and recommendation?
Thanks

Comments

  • Yorkie1
    Yorkie1 Posts: 12,175 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Don't try mortgage or electorall roll fraud. If caught, and you may well be, you will be blacklisted for credit forever.
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