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.

Examples of recent questions relating to LendInvest consent to let

  • Finding myself in an impossible situation with a Consent to Let home loan. Reacting to my requisition for consent to let the bank has requested evidence of an executed tenancy agreement as a prerequisite to granting consent. If I get a signed tenancy agreement would I not be violating the terms of my existing mortgage?

  • We are a young couple and we have identified a apartment in Brent that we like and want to get a mortgage with LendInvest. My concern is that I am pregnant and about to give birth any time soon as I am on the last few weeks of pregnancy. This means that it would not be possible for us to move right away so we are contemplating living with our parents for about six months. In the meantime, if we get this property, we can rent it out. I was just wondering how will that work out? Are we likely to obtain consent to let by LendInvest
  • I have a LendInvest mortgage and have been letting out my apartment without consent to let, making me in breach of my mortgage conditions. They may have suspicions that I am not residing there. Is my best option is to sell the property prior to being repossessed?
  • I have been foolish in omitting to inform LendInvest that I’m renting my two bedroom first floor purpose built maisonette out. My most recent tenants have left the place in a state and I need to claim on malicious damage. I’m worried that my insurer will contact LendInvest, and secondly if they do inform them, what are they likely to do given the lack of consent to let?
  • We have a consent to let letter that I have attained from my management company. I would think I need to send this with a letter to LendInvest with a view to obtaining consent to let from them. What address shall I forward it to?
  • Do you know whether LendInvest will accept rental income on consent to let for affordability purposes or does it need to be on a buy to let ? Would LendInvest let me raise capital based on the rental income ?
  • We 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 asking for consent to let from LendInvest are we running the risk of them forcing us to change deal to buy to let
  • Last month I purchased a property with 10% deposit for personal reasons. A mortgage was taken with LendInvest. However my circumstances have now changed. I am being transferred out of the location. Am I able to get consent to let from LendInvest and put the house up to let?