Mortgage Application and Future Inheritance

Beancounter

So is it correct what the person at Santander said that even at application stage we would have to declare that we were going to inherite another property at sometime in the future>

At that stage I would imagine we will still be some months away from actually being able to do what we want with this flat.

getmore4less

Might be worth a look at an offset, they are good for this kind of cash flow.

amnblog

If you are letting the inherited flat there won't be any capital coming short term so there is no risk of you repaying your mortgage early with a lump sum.

Santander can then be sure to get their pound of flesh.