{"id":6658,"date":"2016-03-03T14:00:56","date_gmt":"2016-03-03T07:00:56","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/is-it-a-multiple-tenancy-if-i-rent-my-house-to-three-people-under-one-contract\/"},"modified":"2016-03-03T14:46:51","modified_gmt":"2016-03-03T07:46:51","slug":"is-it-a-multiple-tenancy-if-i-rent-my-house-to-three-people-under-one-contract","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/is-it-a-multiple-tenancy-if-i-rent-my-house-to-three-people-under-one-contract\/","title":{"rendered":"Is it a multiple tenancy if I rent my house to three people under one contract?"},"content":{"rendered":"<p>&#013;<br \/>\nI need to let out my property rather than sell to avoid early repayment charges on my mortgage, but am only allowed a standard let, not multiple occupancyQ I am a young professional earning \u00a340,000 a year. Two years ago I bought my first home for \u00a3167,000 and put down a 10% deposit. I spent probably more than thought I would because I was adamant that I wanted a house in one of the better areas of Birmingham. My mortgage is a five-year fixed-rate deal, which costs \u00a3870 a month. Now my girlfriend has moved to London, I have decided to move there as well. However, I cannot sell my house in the first five years of my mortgage without incurring a early repayment charge of 5% of the value of the remaining loan. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.theguardian.com\/money\/2016\/mar\/03\/multiple-occupancy-tenants-early-repayment-charges-mortgage\" target=\"_blank\">Is it a multiple tenancy if I rent my house to three people under one contract?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; I need to let out my property rather than sell to avoid early repayment charges&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-6658","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-1Jo","jetpack-related-posts":[{"id":189,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-i-stop-my-husband-severing-our-joint-tenancy\/","url_meta":{"origin":6658,"position":0},"title":"Can I stop my husband severing our joint tenancy?","date":"October 29, 2015","format":false,"excerpt":"\r After our breakup, he took such action on the property we own together \u2013 without my consent. Do I have any recourse?Q My marriage has broken down. I have property in France (where the family home is) and a house in Devon, which is let out. Both are mortgage-free.My\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":24993,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-is-my-mortgage-repayment-calculated\/","url_meta":{"origin":6658,"position":1},"title":"How is my mortgage repayment calculated?","date":"August 16, 2007","format":false,"excerpt":"\r Q I have a repayment mortgage. Could you please provide me with a formula whereby I can calculate the amount of money I pay each month that goes towards the capital repayments? I want to be able to calculate how much I pay for the capital and for the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":213,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/interactive-mortgage-repayment-calculator\/","url_meta":{"origin":6658,"position":2},"title":"Interactive: Mortgage repayment calculator","date":"March 25, 2009","format":false,"excerpt":"\r Use this calculator to work out the monthly payments on either a repayment or interest-only mortgage. 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