I am interested in this...
My house is mortgaged with tracker; I remarried in 2015, my spouse has their own property approx 20 miles away, currently rented out since 2014 with no mortgage. We rented her house because my bank refused to allow me keep my tracker if I rent my house out.
However my spouse wants to move back to her home, as her elderly aunt who lives a few doors away needs full-time support and care, she is taking leave from her job to become her Aunt's carer. We will give the tenants plenty of notice etc.
But our problem is my eldest son who is refusing to move with us. He is in college and working part-time our house is more practical for him to attend college and his job. We were thinking of renting out two rooms, with my son taking the other room, as we cannot afford to be paying bills etc on both houses on one income.
Can we do this?