I am applying for a mortgage on my existing tenanted property in England. A condition of the mortgage will be that my tenant will sign a form agreeing that he will vacate immediately if the bank want possession.
What rights would the bank have over my tenant, please, if for some reason they became entitled to possession of the property?
Eg would they have to give him 6 months’ notice of eviction?
He has an AST which became periodic a few years ago.
If my tenant agrees to sign, is there any other paperwork that I should complete?