Hi All

Have got to the stage where we have decided to rent out our house. Had an agent come round who we are happy with, so when we get visa we'll take the plunge. We've been told that you have to write to your mortgage company to inform them that you intend to let your property. Have read in the terms and conditions that the lenders could re-arrange the terms of the original mortgage!! IE turn it into a commercial mortgage, charge fees as a result and also change the rate of interest. Has anyone let their house out and had to do this. We are with Howard and I'm hoping as I'm a Brummie too, he's gonna give us a little extra help (if you know what I mean).

Is this another real cost that we are facing? Your experiences as ever, are very welcome.