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Evidence of rental income
Kate2711
Posts: 1 Newbie
I own a property with my ex husband (both names on mortgage). The property is rented out but it is not a buy to let mortgage.
I have remarried and am applying for a new mortgage. Natwest have requested evidence that the rental property is self funding and wish to see bank statements showing mortgage payments and rental income. My problem is that these transactions go through my ex husbands account. Can I ask him to get certified copies of his statements and he can blank out all transactions other than the mortgage / rent payments? I know he won’t be willing to hand over bank statements or let me see his transactions /balances etc.
I have remarried and am applying for a new mortgage. Natwest have requested evidence that the rental property is self funding and wish to see bank statements showing mortgage payments and rental income. My problem is that these transactions go through my ex husbands account. Can I ask him to get certified copies of his statements and he can blank out all transactions other than the mortgage / rent payments? I know he won’t be willing to hand over bank statements or let me see his transactions /balances etc.
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Comments
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Does it go through a management company? You may be able to get something from them.
Have you spoken to Natwest? Tell them about the situation and see what they will accept.I am a Mortgage AdviserYou 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.0 -
Is it self funding?
Do you and your ex split the rent equally?
If so, your share should be showing in your back account.
If your ex keeps all the rent, you are liable for the mortgage but cannot prove receipt of the rent (to yourself).
What has your Broker said?I am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, 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.0 -
Could you use your tax returns?0
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