From: "Tumbleweed" 
Newsgroups: uk.legal uk.finance
Subject: Re: "Agreement and Undertaking" mortgage deed for partner
Date: Fri, 15 Apr 2005 08:57:43 +0100


"Tim"  wrote in message 
news:d3nri4$diu$1@sparta.btinternet.com...
> "Tumbleweed" wrote
>> ... as you say it does seem pointless, in your case
>> if you had that intention, you could 'split up' the
>> day before you signed, and have a 'reconciliation'
>> the day after, if you see what I mean :-)
>
> Doesn't the mortgage lender ask to be notified of any important subsequent
> changes relevant to the mortgage when they occur - such as another adult
> beginning to live there after "a 'reconciliation' the day after"?
>

I dont know. I'd be surprised if you had to continually keep the mortgage co 
apprised of changes in your circumstances like that, what would be the 
point? Suppose they sent the new 'partner' a form and they refused to sign 
it, would they evict you?
I presume they are just covering their arses, so no one can make the 
argument that even though the mortgage co knew the person lived there, they 
didnt ask them to waive their rights and therefore acquiesced. In the event 
that someone moves in later, the mortgage co can at least say that they 
werent aware of the change and thus havent implicitly agreed to anything.

-- 
Tumbleweed

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