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(tl;dr - once mortgage in place there's no obligation to tell lender of change in circumstances)
Also a friend of mine who was made redundant while the mortgage application was progressing made a mistake of emailing the mortgage advisor to tell the same. Mortgage advisor 'advised' that he/she shouldn't have emailed (in writing) since he/she had the advisor couldn't proceed with application and told him/her to go with some other mortgage advisor and not mention the redundancy.
That friend is doing well .. collects cameras, last I heard.
amey
How accurate is this:
https://www.thisismoney.co.uk/money/experts/article-2120599/Do-I-need-tell-mortgage-lender-Ive-redundant.html
(tl;dr - once mortgage in place there's no obligation to tell lender of change in circumstances)
Not redundant but Mrs CYOA hasn't worked for a couple of years as she's been mumming - we've got 18 months left on ours and I'm self-employed - presume options are:
Presumably, if we apply for a product transfer with current lender and they say 'nah you're not earning enough' they can't renege on the initial mortgage and, as long as we make repayments, they're unlikely to ask for the keys? I suspect the answer would be 'ask them' (Clydesdale) but hesitant to show cards for fear of the worst etc.