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.

LendInvest Consent to Lease Example Support Desk Enquires

  • Will LendInvest choose to operate a right to increase interest rates on a non-commercial mortgage that has just been approved for Consent to Let at any time, onto ‘rates equivalent to their Buy to Let range'?

  • I want to let my current residence and want to acquire a larger house for the family. I have a mortgage with LendInvest. On the basis I get the consent to let as I understand banks are more than likely to push me towards getting BTL mortgage when the fixed term comes to an end. Could I refinance after two years with an alternative lender? Will it have to be buy to let mortgage and not a residential mortgage?
  • We have an existing mortgage with LendInvest and wish to clarify if it would be possible to gain consent to let out our garden flat in Brent.

    The purpose for needing to find tenants for the property are are due to: -

    • My wife and I will be moving to Melbourne next spring.
    • By letting out the property this will facilitate savings to help the migration process.
    • It would be pointless from a financial perspective to redeem the mortgage for a property which we are not residing in and by letting out the property this would be deemed as continuing investment.

    If LendInvest agreed that we are able to proceed with renting we would suggest some financial assurances to include: -

    • Continue to pay the monthly mortgage payment by direct debit.
    • Use an accredited letting agent who will provide a rent guarantee scheme as a further financial safeguard.
    • Supply our forwarding address for when we emigrate.
  • For two years now I have been with LendInvest and have just renewed a fixed rate. The loan to value is around 28%. We now must move into my mum’s bungalow to care for her, it would make sense to lease our house out - do I require consent to let from LendInvest and is it likely to cost much?
  • I am require from LendInvest consent to let out my property in Havering. I am going to live with my mother as I am off work due to illness.
  • Is it possible to negotiate a consent to let from LendInvest if I have an existing mortgage which has been in place for twelve years?
  • My daughter has a mortgage with LendInvest and she wants to lease her apartment out as she moving in with her boyfriend.Will she be granted consent to let? What is the process and what needs to be done next?
  • Six months ago I bought a apartment using a LendInvest home loan. However I am presently living with mother and father. I don't want to move in until next February due to personal reasons. In interim can I let out the property with consent to let?