Need Help?

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

Frequently asked questions relating to Birmingham Midshires consent to lease

  • My husband and I bought a flat in 2012 for 305,000 with Birmingham Midshires. My husband’s job requires him to relocate to Cyprus and now wish to request consent to let from Birmingham Midshires. Will they give permission?

  • I am looking to apply to Birmingham Midshires for consent to let on our existing residential property in Tower Hamlets. I am looking to release equity from my existing home ahead of this, and making use of that money to purchase a second residential property. I will move into that house whilst doing it up for 6 months at which point the intention is to sell it then move back to my current house. Is this something Birmingham Midshires will consider consent to let for or is that out of their criteria?
  • My husband and I have a flat in Islington which we purchased as a new-build about twelve years ago. As we've now got a young son we need more space. We've found a property in Lambeth that we would like to buy and want to keep the flat as an investment to rent out. The mortgage is with Birmingham Midshires and we've found a tenant who will pay rent which more than covers the monthly mortgage amount. Our query is, can we hold onto the repayment mortgage with Birmingham Midshires so we effectively paying off our loan on the flat or do we have to transfer to a buy-to-let product?
  • My husband is in the army and he has been posted overseas we would like to get something called 'Consent to let' from our lender Birmingham Midshires. Can you help me?
  • I have a Birmingham Midshires mortgage currently and may wish to let it out for a short period of time with consent from Birmingham Midshires for (two years). How long does it take to obtain consent to let?
  • There is a chance of me going to NYC for a year with work. Planning on taking my partner with me and hoping to rent our Tower Hamlets home in the meantime on a short term basis to make matters more cost effective. I was just wondering if there any costs for obtaining consent to let
  • I am considering relocating with work and would need to rent my property out. I have a mortgage with Birmingham Midshires. My property is worth approx £185k and owe £85k on it. Do you think Birmingham Midshires increase my mortgage rate?
  • What, if any, income criteria do Birmingham Midshires set for consent to let on an existing homeowner mortgage?