Need Help?

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

Kensington Mortgage Consent to Lease Example Support Desk Enquires

  • What information do Kensington Mortgage expect to have to make a decision on consent to let. I am on a five year fix with them. I have never defaulted in payments. I am planning a move to the countryside owing to surprising growth of family. I will be sticking with my existing job and my salary has increased by 20% since I took the mortgage out.
  • We are currently in Melbourne and leasing out our apartment in Southwark. This was unplanned but an opportunity arose and we took it. The rental income is insufficient to cover the mortgage so we transfer money each month to make up the shortfall. Yesterday I got a letter in the post from our lender informing me that as the property is being let out and has been for nearly three years we will have to pay 1.5% interest in addition to our current mortgage rate. We could sell the flat but this will be difficult as I am on the other side of the world. Would it be possible to remortgage with Kensington Mortgage and get consent to let?
  • I bought a maisonette in Bromley in 2006 and remortgaged with Kensington Mortgage on a rate which expires in the coming months. 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?
  • My fiance and I are intent on buying a property, letting a couple of the bedrooms out to help cover the loan with Kensington Mortgage, and then moving on in a few years time - at which point the property would be fully let. Is it likely that Kensington Mortgage would look at this unfavourably as I will have been given a owner-occupier homeloan rather than a B2L or consent to let? I've read that in extreme situations they can sue for mortgage fraud, is this an exaggeration?
  • When it comes to consent to let from Kensington Mortgage am I obliged to inform them each time we get a new tenant and send them a copy of the AST?
  • My fiance and I have already let but only just realised Kensington Mortgage should've been advised and consent to let applied for - what's the best course of action now?
  • I am seeking from Kensington Mortgage consent to let out my flat in Lewisham. I am going to live with my mother as I am off work through illness.
  • I have completed on a property using a Kensington Mortgage mortgage. However I am presently living with mother and father. I don't want to move in until next February due to some family issues. In meantime can I rent out the property with consent to let?