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

M&S Bank consent to let: Q and A’s

  • A couple of years ago I was granted consent to let from my current mortgage provider which is about to expire. Since I took this out to travel and start a family. My part time salary is not sufficient just now to cover the mortgage on my own. My lender has advised me that I can't extend my consent to let and if I continue renting out I will be in action would be taken for breaching my mortgage contract. As a result of my low income I don't think the buy to let will be approved. One option I am considering remortgaging to M&S Bank. Are they likely to issue consent to let from the outset?
  • I have a residential M&S Bank mortgage and am looking to obtain consent to let as I would like to move to another apartment that I own. It looks like might be able to help. Is there a charge for this service?
  • I'm currently looking for a mortgage as first time buyer and considering M&S Bank with my financial adviser. Suppose I choose a 5 year fixed rate I move in the property and after twelve months, an opportunity comes up which involves a relocation effectively moving out the area. In the case M&S Bank grants me consent to let,would the rate load the interest rate?
  • Require some information regarding renting a property and consent to let. In the coming months I plan to move in with my other half. The council would like to rent my flat for three year commitment with rent and service charges covered. The mortgage is with M&S Bank. Please help
  • What is the longest period that M&S Bank is willing to grant me the Consent To Let for?
  • Last month I got married and I am in the process of buying out 100% of my co-ownership mortgage with my wife. As a result we have now been given a 90% loan to value on our house. We want to buy a larger home. Will it be possible to get a consent to let on my new mortgage with M&S Bank to allow us to get a mortgage also with M&S Bank for a new home?
  • My two year fixed rate with M&S Bank will soon come to an end shortly and I will change on to the standard variable rate. Can you tell me whether consent to let from M&S Bank is a foregone conclusion, if there are fees, and if there conditions?
  • My son has a mortgage with M&S Bank and he wants to let his flat out as he is moving in with his girlfriend.Will she be issued with consent to let? What is the process and charges involved?