Need Help?

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

Sample questions relating to LendInvest consent to let

  • I am 2 years up in a five year fixed term mortgage and intend to take an overseas job so wish to let my home for 2 years. My loan to value is about sixty per cent. My query is whether LendInvest will charge me more interest for consent to let for the period of my letting?
  • I'm looking to apply to LendInvest for consent to let on our current residential property in Newham. I am hoping to release equity from my existing house before doing so, and using that money to buy a new residential property. I will stay in that property whilst doing it up for 6 months after which the intention is to sell it then move back to my existing property. Is this something LendInvest will consider consent to let for or does this fall outside the standard criteria?
  • I wish to know what the policy is for LendInvest for consent to let. I have heard contradictory suggestions in relation to fees and rates. I need to relocate for career reasons but I don't want to sell the house due to a difficult market.
  • Last year I moved out my house in a hurry and let out the property. I know I should have sought consent to let from LendInvest but was uncertain as to what the future would hold and just forgot about it. I find myself in circumstances where I want to sell that house and port the LendInvest mortgage to a new flat. I am struggling to find a way through without leaving myself at the mercy of LendInvest for not seeking consent to let. When porting, at the time of discharging the mortgage, you must declare your intention to "park the rate" and go through a new set of affordability checks. While I have no issues with my financial standing, the credit check may indicate I don't live there any more.
  • This is not a question specific to LendInvest but do mortgage companies usually supply the information I need for my Buy to Let or Consent to Let self-assessment tax submissions?
  • I am looking at some alternative lifestyle. I have a LendInvest mortgage, if I become a US resident but wish to rent my UK house, do I need to get consent to let from LendInvest to do this ?
  • My OH and I would like to obtain consent to let on a house where we have a mortgage with LendInvest. If issued, how long would consent be given for? In seeking consent to let from LendInvest are we running the risk of them forcing us to change deal to BTL
  • Is consent to let a cost efficient way of becoming a landlord? Isn't this a loophole for some borrowers to exploit?