Need Help?

Need professional advice for your consent to let with Landbay? There are various implications when it comes to letting out your property with an existing residential mortgage - you should seek professional assistance.

Sample questions relating to Landbay consent to let

  • My query does not specifically concern consent to let, I was hoping that you have an address or telephone number for a dedicated Landbay team who deal with consent to let applications. Landbay has a first charge over my house.
  • I have a mortgage with Landbay on a property and I intend to rent it out and rent another property as a result of changes in personal circumstances - I want to move to a different location, and to live in a bigger property with my fiance. I sought consent to let and recently got a response refusing because they considered that I want to invest. I dont know what my options are. I find myself at risk since I am already committed to the new house and am faced with paying both the Landbay mortgage and rent, which could put me in financial risk. The matter needs to be addressed soon as a potential tenant waiting in the wings
  • Am applying for a home loan with Landbay, but we are running up against a serious block. My husband is a teacher in a boarding school, whereby accommodation is a benefit of the job. We wanted to buy a ground floor flat with a view to joining the property ladder, and rent it out while we're based at the school. I had thought Landbay would grant consent to let from the outset of the mortgage. It appears that I may be refused consent to let. Can you give me any ideas what we can do?
  • I understand that this is a breach of Landbay terms and conditions of mortgage if I rent out my house having informed that I intend to live there. The aim is to have the mortgage fully paid off after four years, by which time the property will be unencumbered, meaning I no longer require any consent to let. Landbay advised me I can overpay as little as I like during the lifetime of the mortgage. I have someone who wants to rent the property. What is the likelihood of Landbay finding out? Can you set out consequences of not obtaining consent to let? From what I have read there is a possibility of Landbay switching the loan onto a BTL mortgage
  • I am thinking of renting my property will Landbay bill me for a consent to let letter?
  • I wish to rent the attic in my house in Camden. Do I need consent to let from my mortgage co Landbay?
  • My partner and I took out a mortgage with Landbay a few months ago and although it's a long way off we may have to relocate around next September or October and would like to be able to let our house out. Is this possible with a non-commercial mortgage?
  • Just a quick one. Will Landbay force me into a consent to let product whilst in a fixed rate product for 2 years?