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.

Common questions relating to Landbay consent to lease

  • I have recently sought consent to let from Landbay, but it would be useful to know if they impose any conditions on the level of rental income?
  • Following retirement last month I acquired a “retirement home” for my wife and myself to live in. Our intention is to let our current property to our grandson and I have consequently applied to Landbay for consent to let. I was just seeking a general view on whether Landbay currently allows it?
  • I have a property that's presently under shared ownership (My share is 50%) purchased in September 2013. I plan to go through the full purchase of the house. My partner and I have also got a further house that we are looking to buy. Mortgage in principle has been issued by Landbay. I want to know that I will be able to put the existing house through consent to let as soon as the remainder share has been purchased so, that we can start the process of purchasing the new property
  • I purchased a maisonette in Bromley in 2009 and remortgaged with Landbay on a rate which expires in the later this year. If I go overseas for work and want to lease out my property what would I need to do to get consent to let and what are the financial repercussions if any?
  • How do I go about getting a consent to let application form from Landbay and how quickly can I get the consent?
  • My wife and I want to move home and have identified a house we wish to purchase so are considering leasing out with consent to let from Landbay for our original property to enable us to place an offer and not miss out on the potential new property.
  • Do you know whether Landbay will accept rental income on consent to let for affordability purposes or does it need to be on a buy to let ? Would Landbay let me raise capital based on the rental income ?
  • I have had my mortgage with Landbay for the past twenty months and I am interested in finding out some more information about the possibility of obtaining 'consent to let’.