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Guest posted a topic in Renting & Real EstateHi, We like many are possible going down the renting our home in UK out route as market so rubbish. My question to anyone out there in the know is....rental agents like to hear that you have informed your mortgage lender that you are renting your house out. Is this a legal requirement or is it really none of their business??? We dont want to change mortgage really and think if the bank knew we were renting they would insist we go on a buy to let. Any help much appreciated. Thanks
hello all, im just wondering if anyone can advise on credit references , work history etc needed for people like myself to obtain a mortgage asap after landing in adelaide?as we will be brand new in australia im dubious as to how keen the banks will be to lend?ive asked northern rock for references re our mortgage but they simply said our mortgage statement is our reference?im planning on taking over tax returns ( self employed since 89 )for proof of earnings,and an introductory letter from my accountant(its the least he can do after all the money ive saved him by not going to all his pineapple and cheese on a stick and wine partys down the years)so if anyone can advise on this it will be helpfull to ourselves and maybe to others in advance of arriving in australia,thanks paul. btw a happy christmas and a fruitfull new year to all who are there, all who are going there, all who are trying to get there,and to those who have decided australia isnt for them and came "home":emoticon-signxmas: