Need Help?

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.

Common questions relating to M&S Bank consent to lease

  • I currently have a residential mortgage with M&S Bank. I have been offered a house as part of my job and wish to let out my current house. My mortgage advisor has informed me it is an easy process. Can you give me some information please?
  • We may be given an opportunity to work in a different office in the UK for a three months and would like to know if we can lease out our current property. It is a two year fixed rate and we are six months into the mortgage with M&S Bank. We have lived at the property for nearly five years. Our LTV is 65%. What are the chances of obtaining consent to let from M&S Bank? What can we expect in fees etc
  • I sought consent but I did not get it as I did a remortgage in May but Woolwich does not give consent if mortgage is less than 6 months old. Now I am worried when 6 months is gone are they going to find some additional criteria that will not be ok. As a backup plan I can remortgage with M&S Bank but will they give me consent straight away?
  • Due to a change in family circumstances my husband and I are housesitting my mum and dad’s house while they are away and letting our flat out. We are going to need for consent to let from M&S Bank. Will this be forthcoming? We will need to refinance in the next 12 months will we then have to move to a BTL product. We intend to return to our home at within the next nine months?
  • My husband and I are looking to ask M&S Bank for consent to let out our property in Bromley. We are moving overseas for 3 years and wish to rent out the property. I omitted to check this out when we took the M&S Bank mortgage, and that was purely because we never thought an opportunity would arise such as this so was planning on occupying the property.
  • I have a homeowner mortgage with M&S Bank and with my circumstances changing massively in the last six months, can I apply for consent to let. What changes will affect me?
  • Do I need to wait for consent to let to be given on my prevailing residential mortgage with M&S Bank before applying for a resi mortgage on a new property?
  • I recently acquired a studio flat in Islington. I am a FTB. I am moving Ireland next month, can I get consent to let from my lender M&S Bank or do need to wait for at least 6 months?