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Moving on

Hi,

I'm thinking of moving in with my girlfriend. What would happening if I didn't tell the bank and rented out my flat?

Comments

  • ACG
    ACG Posts: 24,884 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Worse case scenario they send you a letter giving you 30 days to repay the Mortgage. Best case scenario, nothing.

    Likely scenario they would ask you to apply for consent to let which depending on the lender may involve a higher rate, an annual fee or both.
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
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