Need Help?

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

Fleet Mortgages consent to let: Q and A’s

  • Are any options available to me if my request to obtain consent to let is subsequently refused by Fleet Mortgages?

  • What information do Fleet Mortgages expect to have to make a decision on consent to let. I have a three year fix with them. I have never been in arrears. I am looking at moving to Hillingdon owing to the family getting bigger. I will be retaining my current job and my annual income has increased by thirty per cent since I took the mortgage out.
  • me and my wife have just sorted our rates for another fixed five years with Fleet Mortgages. Some weeks later, I went to an interview and basically I accepted the job offer in Redbridge. I'm going to rent a one bed flat for me and my family in Lewisham as we don't wish to sell the house whist there is a possibility that we come back before two years.... We really have no idea whether it will work out. We called Fleet Mortgages but we would like also your point of view please. How is it to get consent to let in that case as we just got a fixed 5 years rate we would not want to change.
  • We are in need of a bigger house so our kids don't have to bunk together. We are planning to purchase another house in a few years time. The house was valued at £185k and we have about £65k left to pay on the Fleet Mortgages mortgage. We would prefer to keep this house if possible and rent it out with consent to let. Can you have a mortgage on two properties at the same time or do we first need to redeem our current mortgage?
  • I would like to purchase a new house but can't afford to sell the existing property with a Fleet Mortgages mortgage. Do you know acceptable terms for Fleet Mortgages to give consent to let? Is getting married and having children a good enough reason to seek consent?
  • We have a new mortgage however my girlfriend doesn't feel safe in the property due to other tenants in the block. I know that many lenders have a six month thing before consent to let - does this apply to all lenders. Is there any way Fleet Mortgages would allow it from the start?
  • Is it the case that a prior extension to a mortgage term with Fleet Mortgages be held against us once we sought consent to let from Fleet Mortgages.
  • Do you know whether Fleet Mortgages will accept rental income on consent to let for affordability purposes or does it need to be on a buy to let ? Would Fleet Mortgages let me raise capital based on the rental income ?