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09-08-2018, 12:19   #1
Housing1234
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Mortgage approved with one condition

Hi, was hoping someone would have some advice on the issue I'm facing

So basically just been approved for a mortgage, it's a single mortgage. At the moment I am renting an apartment with my partner and one other person, however my name is not on the lease and the bank want a letter from the landlord saying the amount being paid etc. The bank can see the €600 coming out of my account every month for rent. So I am not sure how to proceed with this and what I should say to the bank? I really don't want them to withdraw the mortgage approval!
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09-08-2018, 12:25   #2
seamus
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Rather odd condition, but I wonder are the bank looking for confirmation that you are in fact paying rent and not sending that money to someone else in payment of an undisclosed debt.

Can you not get the letter from the landlord?
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09-08-2018, 12:41   #3
Housing1234
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The problem is that I'm not on the lease, I am subletting, so the landlord doesn't know anything about me (bad, I know but the rental market is crazy!)
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09-08-2018, 12:43   #4
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The problem is that I'm not on the lease, I am subletting, so the landlord doesn't know anything about me (bad, I know but the rental market is crazy!)
If you're subletting can you get a letter from the person you're subletting from to state you are paying them the €600. They could give a copy of their lease and perhaps a bank statement to show your money is hitting their account?
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09-08-2018, 12:49   #5
Housing1234
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If you're subletting can you get a letter from the person you're subletting from to state you are paying them the €600. They could give a copy of their lease and perhaps a bank statement to show your money is hitting their account?
That's a good idea, I might try that!
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09-08-2018, 16:29   #6
Cuddlesworth
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Your landlord is the person you pay money to.
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10-08-2018, 08:25   #7
izzyflusky
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That's very odd. I am renting from my parents, so no lease or anything and they were happy with just seeing "rent" on the statements
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10-08-2018, 16:15   #8
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Can i ask what bank this was it?
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10-08-2018, 16:27   #9
kceire
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If you're subletting can you get a letter from the person you're subletting from to state you are paying them the €600. They could give a copy of their lease and perhaps a bank statement to show your money is hitting their account?
+1

Get the current lease holder to type up something, or better yet, you type it up and get them to sign it.
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10-08-2018, 18:12   #10
Jwacqui
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We got approved by two banks and they never asked for this.

We transfer the money directly to our landlords account each month. They never asked for lease or letter.
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