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Do we need to tell the mortgage company?
edited 30 November -1 at 1:00AM in House Buying, Renting & Selling
3 replies 706 views
My now retired husband has bought a small flat second property with money from inheritance, commuted pension, and savings, along with £30.000 mortgage secured on our main property which was mortgage free. I didn't want to put my name on the deeds because I receive a basic pension (none taxpayer) and didn't want to get involved with filling in tax forms again. Yes I know it's silly financially to do this but anything for an easy life at the of 65. Does my husband need to tell the mortgage company he will be renting out the flat as we remortgage our main home to fund the flat?
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