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

Top Five Questions relating to Landmark Mortgages consent to lease

  • Finding myself in a difficult predicament with a Consent to Let home loan. In response to requesting consent to let my lender has requested evidence of a signed Assured Shorthold Tenancy prior to issuing permission. Is is not the case that if I adhered to their request that I would be breaching the lender’s terms and conditions?

  • Me and my husband are intending to purchase a studio flat with 10% down payment with the intention of moving in. Somewhat fortuitously the in-laws have plans to move to Dubai for a year or two so we plan to move into the in-lawsBarnet property to "housesit". If we were to proceed with a residential mortgage with Landmark Mortgages would we likely encounter any difficulties with switching to consent to let ?
  • If I decided to let out my garden flat with consent to let by Landmark Mortgages, what proof would be required of tenancy? If after twelve months I decided to let it on a number of holiday term rental, am I still required to provide evidence to Landmark Mortgages, or will they leave me alone provided they receive payment each month? By way of example if I let the rooms individually at a later stage, is there any reason for Landmark Mortgages to be informed and would they care?
  • My OH have an offer accepted to buy a property, we have a deposit of between 20-25% for a domestic mortgage with Landmark Mortgages. The small problem is we may go overseas in 2 months for work. We are going through our mortgage broker. She says if you tell this to Landmark Mortgages in advance you will need to get a buy to let. Do go ahead with residential mortgage with Landmark Mortgages, in a couple of months seek consent to let? Otherwise, do we try and speak to Landmark Mortgages now and disclose 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 in advance that it should not be an issue
  • We are looking for some preliminary advice re consent to let? We have a mortgage with Landmark Mortgages and are thinking of renting the property out for two years, but cannot really afford to convert to a buy to let rate. The estate agent mentioned something about a content to let
  • I was just wondering if Landmark Mortgages were picky when considering 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?
  • We are looking to place my residential property on rent due to job commitments and was enquiring if this is possible to get consent to let. It is on a fixed rate mortgage with Landmark Mortgages at the moment until 2017 November
  • I am already renting out my flat but may have sussed what has been going on. I have 5 months left on my fixed rate. How straightforward is it to get consent to let from Landmark Mortgages. Is it just a five minute phone call, pay the charge and it's done there and then?