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

Magellan Homeloans Consent to Lease Example Support Desk Enquires

  • Magellan Homeloans have just granted me consent to let. After some effort, Magellan Homeloans have issued me with ‘consent to let’ confirmation . There is reference to an assured shorthold tenancy. Can you explain what this is?

  • My partner and I were looking to purchase a one bedroom second floor purpose built flat with a £20,000 deposit with the aim of moving in. However in the next two years the in-laws plan to move abroad If we were to proceed with a residential mortgage with Magellan Homeloans would we likely encounter any difficulties with gaining consent to let ?
  • I am interested to know how challenging is it to seek consent to let from Magellan Homeloans. I'm interested in fixed homeowner mortgage and intend to reside at the property but would like to understand what options are open to me for example - if a job elsewhere was offered to me for a year abroad Please let me know how challenging it is in your experience with Magellan Homeloans?
  • I have found myself in the accidental landlord scenario and without consent to let from Magellan Homeloans. I had to leave my home for work purposes, so am now based in another part of the country. At first I tried to sell the flat, but prices were low, which meant I was in negative equity. This was three years ago in 2011, the value has increased and has allowed me time to save. I am in now in a position where I can now transfer to a BTL mortgage and would like to remortgage at the same time. My concern is, will changing mortgage providers possibly alert Magellan Homeloans that I have been letting without consent to let? I am aware that I shouldn’t have done what I did, but circumstances wouldn’t allow me to do anything else. Have I committed a criminal offence?
  • I am looking at some alternative lifestyle. I have a Magellan Homeloans mortgage, if I become a Australian resident but wish to rent my UK house, ...what do I need to do to get consent to let. Can this be obtained on via email ?
  • Was wondering how to obtain a consent to let from Magellan Homeloans with whom I have a mortgage with. There is an outstanding balance of 57k. The value of flat is 110k. Its in my name but my wife and I would like to purchase a one bedroom apartment in Ealing we have seen together. How do we go about it?
  • Do you know whether there a time limit on a consent to let from Magellan Homeloans? and do you need to get a new mortgage first or a general residential mortgage can just be changed to a consent to let after application?
  • 13 months into mortgage with Magellan Homeloans due to work reasons need to relocate. Is it possible to get buy to let or consent to let.