ChatterBank2 mins ago
mortgage advice
2 Answers
Can I rent my property to some one. But I still have mortgage on the property.
Answers
Best Answer
No best answer has yet been selected by chopper21. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.You need to talk to your mortgage company - they will need to be sure you have appropriate buildings insurance (most domestic policies do not cover tenants) and that you create a tenancy that does not give the tenants rights over the property that conflict with the mortgage company's.
Most mortgage companies are very helpful.
Most mortgage companies are very helpful.