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We told the bank we would be living in our house but then decided to rent it out. Is this mortgage fraud?
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Yes, mortgage lenders issue different types of mortgages depending on whether you are intending to live in the property or rent it out. If you have rented out a property that you said you were going to live in, this can be classed as mortgage fraud. If you need further advice or would like to discuss your situation, call us on 08082747557.
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