Q
Cancel TRS
File tax returns
then they will know what I am not living there right..............
The bank will not know your dealings with the revenue - they're totally separate.
Also when you switch from owner occupier to other (e.g. rented property) home insurance they will probably need and maybe ask for a letter of indemnity from the insurer and find out that way.If I register with Sign up to NPPR & PRTB
Register for taxes and appoint collection agent
Cancel TRS
File tax returns
then they will know what I am not living there right..............
When the TRS is cancelled, the bank will be informed.
When the TRS is cancelled, the bank will be informed.
Also when you switch from owner occupier to other (e.g. rented property) home insurance they will probably need and maybe ask for a letter of indemnity from the insurer and find out that way.
I have a tracker with NIB and they have a clause stating that I will lose it and move to their (very expensive) investment rate if I rent out the house....
Also, each year since I took out the mortgage (now 4 years) they have contacted me around the renewal time asking me to send in the insurcance cert for the new house insurance. The insurance cert states if the house is insured as my main residence or as an investment property.
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