Need Help?

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

Landbay Partners Consent to Lease Example Support Desk Enquires

  • We've been renting my wife's old house out with "consent to let" from Landbay Partners on a homeowner mortgage for the last two years. Landbay Partners have advised of their intention of retracting their consent to let if we do not transfer to one of their "buy to let" loans.

  • Your view would be appreciated as to whether consent to let from Landbay Partners is the correct approach. I purchased my house last June by porting an existing Landbay Partners mortgage product. My fixed term finished 4 months ago I'm currently considering moving in with a new partner. I don't want to sell my house yet because I have no idea as to whether the new move will prove successful. Would it be likely that Landbay Partners would grant a consent to let based on me letting out my property on a short hold tenancy for 1-2 years and then I will commit to a buy to let product or sell it?
  • My understanding is that this is a breach of Landbay Partners terms and conditions of mortgage if I let out my flat having informed that I intend to reside there. The aim is to repay the mortgage after five years, by which time the property will be mortgage free, meaning I no longer require any consent to let. Landbay Partners advised me I can overpay as little as I like during the lifetime of the mortgage. I have someone who is interested in renting the property. What checks do Landbay Partners do and what are the chances that they are likely to do this? What are the implications of not getting consent to let? From what I have read there is a possibility of Landbay Partners jacking up the interest rate
  • I have an offer accepted to purchase a property, we have a deposit of between 20-25% for a standard mortgage with Landbay Partners. The one concern is we may leave the country in three months for work. We are using a financial adviser. She says if you tell this to the lender up front you will need to get a buy to let. Do go ahead with residential mortgage with Landbay Partners, in a couple of months ask them if we can have consent to let? Otherwise, do we try and contact Landbay Partners at this point and reveal there is a possibility we will move abroad in the future (I have not signed anything as yet to move abroad) and see if they agree before hand that it wouldn't be an issue
  • I am looking for some generic information on consent to let with Landbay Partners: I am moving abroad. This might be for many years. However I will be on a four month test period .I'm wanting to know how to go about getting consent to let from Landbay Partners and any costs to be incurred
  • I was just enquiring if Landbay Partners were picky when giving out consent to let. I sent my request on date and I am waiting to hear back. Should I start chasing or wait for a bit longer?
  • I want to apply for consent to let from my lender Landbay Partners to lease out my house. . Do Landbay Partners grant consent to let in these circumstances?
  • I have a mortgage with Landbay Partners taken four months back where I moved from another lender. Can I now rent my property with consent to let from Landbay Partners as I am looking to purchase a further property.