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Forum: Australia

Jun 23rd 2010, 11:42 am

Replies: 16

renting and not informing your bank!!

Views: 4,828

Posted By Rod-Helen-Poppy

Re: renting and not informing your bank!!

however things changed and they're still getting paid the monthly premium that was set out - just they dont happen to be living in it.

so i will stick to my guns and say they're a bunch of money...

Forum: Australia

Jun 23rd 2010, 11:32 am

Replies: 16

renting and not informing your bank!!

Views: 4,828

Posted By Rod-Helen-Poppy

Re: renting and not informing your bank!!

you have to change your insurance to landlords insurance as technically you are not living in the property, and most mortgages (in the small print) only allow the property to be empty for 30 or 60...

Forum: Australia

Jun 23rd 2010, 6:13 am

Replies: 16

renting and not informing your bank!!

Views: 4,828

Posted By Rod-Helen-Poppy

Re: renting and not informing your bank!!

Our mortgage providor allowed us to rent our property out without having to chnage the mortgage type.

It is called 'consent to let' - they sent us a form that we had to fill in, just includes...

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