14:29 PM, 18th July 2019, About 5 years ago 3
Arranged this loan over a year ago and have rented the property until recently, but sadly our elderly tenant died.
The property was found to be in excellent condition, so much so, that we are thinking of taking it over as a second home and to cease any future rentals.
We have always kept all mortgage payments up to date, but am slightly concerned even though we plan to stay no more than a few days a month, as we have a main residence elsewhere, that we may be in breach of our mortgage conditions.
Obviously, council tax will be put in our names, but wonder how far a mortgage lender would go to establish who is actually resident or would they even be concerned.
Any comments or advice would be very much appreciated.