M March11 Registered User Messages 10 6 Nov 2020 #1 Has anyone had their tracker taken off them because they rented out their home?
Brendan Burgess Founder Messages 54,567 6 Nov 2020 #2 Danske Bank certainly did that as the Mortgage Contract was clear. My understanding is that the contracts of the other banks are not as clear. Key Post - Has anyone lost their tracker through renting out their home? A few posters have referred to people losing their cheap trackers if they let out their home. Is there a definitive answer on this? Do the terms and conditions usually specify that it must be your home/ Brendan www.askaboutmoney.com Brendan
Danske Bank certainly did that as the Mortgage Contract was clear. My understanding is that the contracts of the other banks are not as clear. Key Post - Has anyone lost their tracker through renting out their home? A few posters have referred to people losing their cheap trackers if they let out their home. Is there a definitive answer on this? Do the terms and conditions usually specify that it must be your home/ Brendan www.askaboutmoney.com Brendan
A anntionette Registered User Messages 76 6 Nov 2020 #3 Well BOI didnt take mine when it converted to a rental just stopped TRS.
R Ravima Registered User Messages 2,849 6 Nov 2020 #4 unofficial suggestion = don't tell them! Make sure you tell your insurers though, as you need to be protected for Landlords Liability
unofficial suggestion = don't tell them! Make sure you tell your insurers though, as you need to be protected for Landlords Liability