Letting without consent

tired_mum

How do mortgage lenders find out this is happening if you do not declare this?

PasturesNew

There is always somebody that will grass you up. You might not even realise it, but some people will be watching you and tittle tattling about you - and if they suspect you're doing that they'll make a phone call anyway, giving the heads up to whoever it would be of a concern to.

They'd also find out if it caught fire .... or anything else unusual occurred.

ManuelG

When your tenants get arrested for dealing crack;

When there's a towering inferno;

When they turn out to be members of ISIS;

When the council tax doesn't get paid;

When there's a murder or suicide in the house;

When their letters to you about the fact you're unwittingly in arrears don't get answered, because the tenants are using them to line their cat's litter tray.

And so on...

bigfreddiel

No doubt you've told the taxman? You must declare rental income to HMRC.

Cheers fj

tired_mum

I need to point out that i am not doing this myself but next door to my sister have rented out their flat .The tennants are paying way over the odds for this property about £150pm more than flats in the same block the reason has now become apparent moved on from another area ASBO orders noise nuisance just a general nightmare to the extent my sister and her partner cannot sleep till after 4am because of the noise. The owner has bought another property and is getting the money for the rent direct so is not interested in moving them on as he is onto a nice little earner it has been suggested that my sister finds out via land registry if there is a mortgage on the property and if there is any way the owners would be able to find out that she had enquired into this? and would she need any proof when she calls the mortgage company?

benjus

PasturesNew wrote: »

There is always somebody that will grass you up. You might not even realise it, but some people will be watching you and tittle tattling about you - and if they suspect you're doing that they'll make a phone call anyway, giving the heads up to whoever it would be of a concern to.

Good answer...

OP: There's no way the owners could find out if anyone were to buy the details of their property from the Land Registry.

Guest101

tired_mum wrote: »

I need to point out that i am not doing this myself but next door to my sister have rented out their flat .The tennants are paying way over the odds for this property about £150pm more than flats in the same block the reason has now become apparent moved on from another area ASBO orders noise nuisance just a general nightmare to the extent my sister and her partner cannot sleep till after 4am because of the noise. The owner has bought another property and is getting the money for the rent direct so is not interested in moving them on as he is onto a nice little earner it has been suggested that my sister finds out via land registry if there is a mortgage on the property and if there is any way the owners would be able to find out that she had enquired into this? and would she need any proof when she calls the mortgage company?

Land registry is public information, anyone can access it. So noway for anyone to trace it

No proof required (though you cant be sure they dont have consent either to be fair)

G_M

Letting without consent
How do mortgage lenders find out this is happening if you do not declare this?

tired_mum wrote: »

.... next door to my sister have rented out their flat ......moved on from another area ASBO orders noise nuisance just a general nightmare to the extent my sister and her partner cannot sleep till after 4am

Answer to the question is that neighbours like your sister pay £3 to the Land Registry to identify the mortgage lender (listed in section C the "Charges Register") and tell them.

And / Or HMRC..............

Noise can also be dealt with via the council noise people eg here.

Or the police if that's what the ASBO relates to.

theartfullodger

Those nice people at Experian have a system that monitors occupants...
http://www.experian.co.uk/consumer-information/mover-alerts-information.html
- and alerts lenders to dodgy goings on...

- and yes, someone did get repo'd in such circumstances, even though mortgage was still up to date (Scotland I think..)

If you (I presume it is you thinking about this..) don't believe you should stick to the contact you agreed (the mortgage) then you'll be happy if your tenant doesn't stick to their contract either (rent not paid, place wrecked...)

Those good old British traditions of decency & fair-play eh??

Kynthia

There's no way you can know whether the owners have consent to let. If they don't and are caught it probably would just mean an increase in the interest rate for their mortgage. It's unlikely to result in the current tenants moving out. It could be worth regularly complaining to the freeholder as it's likely the flat lease has something about noise and nuisance.

tired_mum

theartfullodger wrote: »

Those nice people at Experian have a system that monitors occupants...
http://www.experian.co.uk/consumer-information/mover-alerts-information.html
- and alerts lenders to dodgy goings on...

- and yes, someone did get repo'd in such circumstances, even though mortgage was still up to date (Scotland I think..)

If you (I presume it is you thinking about this..) don't believe you should stick to the contact you agreed (the mortgage) then you'll be happy if your tenant doesn't stick to their contract either (rent not paid, place wrecked...)

Those good old British traditions of decency & fair-play eh??

It is most deffinatly not me who wants to rent my home out i have no where else to go I will discuss this with my sister and her partner i think she was reluctant to go down the council route as they may be left with no alternative but to sell to get a quiet life