The Telegraph - Lenders crack down on 'accidental' landlords- November 2013
Mortgage lenders are launching a tough new crackdown on thousands of so-called "accidental landlords" who let out their own homes without notifying their bank.
Aaron Strutt of Trinity Financial, another broker, said: "If the lenders want more of their customers to tell them that they are letting their properties out, many of them should not be so quick to raise their rates. Many home owners don't want to let out their property, but they do it to ensure the mortgage repayments are kept up to date. At the moment, honesty is costing some home owners a lot of money."
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November 1, 2013
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