Mortgage Fraud Advice

Moosey1

We live in a house split into two flats. We own the ground floor flat and someone else owns the upper flat, we share the freehold with the person who owns the upper flat. The person who owns the upper flat is renting it out to a family, he has a residential mortgage which he fraudulently obtained telling the mortgage provider that he lives at the address. In fact, at the time of the mortgage application, the tenants had already been there for a year. The mortgage company is the Skipton, does anyone know what they will do. This is not a case of an accidental landlord. He fully knew he had tenants on the property when he applied for the residential mortgage with the Skipton. We tried to speak to the Skipton but they wanted us to give too many details.

Keezing

What has this got to do with you?

This sounds like a problem between the landlord and the tenants.

David_White

Let it go, you'll only make yourself miserable dwelling on what your neighbours may or may not be doing.

csgohan4

how does it effect you?? How do you know? do you open their letters?

dimbo61

If he has lied to the lender has he got landlords insurance ?
Is he doing a gas safe check every year ?
Does he look after the property ?
What would happen if the tenants caused a fire which burnt down the whole property.
How many people live upstairs ? Overcrowding ??
Has he declared this income to HMRC

Not the posters business ! Yes it is

csgohan4

dimbo61 wrote: »

If he has lied to the lender has he got landlords insurance ?
Is he doing a gas safe check every year ?
Does he look after the property ?
What would happen if the tenants caused a fire which burnt down the whole property.
How many people live upstairs ? Overcrowding ??
Has he declared this income to HMRC

Not the posters business ! Yes it is

How does OP know the answers to all of the above?

it is illegal to open post not intended for you:

http://www.legislation.gov.uk/ukpga/2000/26/part/V/crossheading/offences-of-interfering-with-the-mail

So I ask again what business is it for the OP, all of the above is for the Owner to deal with, can the OP buy the insurance? can they do the gas safety check?? Can they do his Self assessment?

Whether the tenant or the Owner burnt the property down, the OP would need to claim anyways through insurance.

OP can report for tax evasion if you want:
https://www.gov.uk/government/organisations/hm-revenue-customs/contact/reporting-tax-evasion

But the results won't be known to you if they at all will investigate.

Keezing

dimbo61 wrote: »

If he has lied to the lender has he got landlords insurance ?

Of no concern to the OP

dimbo61 wrote: »

Is he doing a gas safe check every year ?

A legal requirement for a landlord, but of no concern to the OP

dimbo61 wrote: »

Does he look after the property ?

Many owner occupiers also do not look after the property. Nothing we can really do about that.

dimbo61 wrote: »

What would happen if the tenants caused a fire which burnt down the whole property.

The OP's insurance would pay out, just as if an owner occupier (who rarely happen to get gas safety checks) had caused the fire

dimbo61 wrote: »

How many people live upstairs ? Overcrowding ??

No indication in the OP of "overcrowding"

dimbo61 wrote: »

Has he declared this income to HMRC

Of no concern to the OP

dimbo61 wrote: »

Not the posters business ! Yes it is

Cleary it isn't

kingstreet

Usually a property is insured by the freeholder where it is split into leasehold flats.

The insurance will normally permit letting and sub-letting so the idea of "landlord's insurance" doesn't really apply where a freeholder is insuring a block of flats.