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

Top Five Questions relating to Market Harborough Building Society consent to lease

  • Have any of your clients had experience requesting Consent to Leasefora year from Market Harborough Building Society or if you have any advice as to how such approval is given.

  • I want a bit of initial insight to see consent to let is a sensible proposition. I completed the purchase of my apartment 6 months ago by porting an existing Market Harborough Building Society mortgage product. My fixed rate expired three months ago. I'm currently deliberating moving in with a new partner who has his own property and mortgage also with Market Harborough Building Society, which I would not seek to be added to. I don't wish to sell my property yet because I'm unsure of whether the new move will work out. I don't want to move to a buy to let mortgage yet for 2 reasons: 1) I need to find out whether letting my property is a feasible option for myself and 2) I need to find extra capital to satisfy the 65% LTV ratio required for a buy to let loan. Ideally I would like to obtain consent to let from Market Harborough Building Society for a couple of years in order to be more secure in becoming a possible landlord and to raise the capital. If at the end of the consent to let period I was unsure I would probably either sell my property or, depending on the new relationship working out, resume living there.
  • Do the letting agents we rented through have a a legal obligation to have checked that the landlord got consent to let from Market Harborough Building Society?
  • We are hoping to release equity in my present house to buy another property which I propose to live in whilst I renovate it. I would like to let out my first property with the Market Harborough Building Society mortgage. I was just seeking a general view on whether Market Harborough Building Society currently allows consent to let? House is valued at £450 k with a £150k mortgage in place.
  • My Market Harborough Building Society mortgage rate finishes next June can I move to a interest only with consent to let?
  • I have a mortgage with Market Harborough Building Society taken five months ago where I moved from another lender. Can I now rent my property with consent to let from Market Harborough Building Society as I am looking to purchase another property.
  • I am currently refinancing and looking at flexibility of certain lenders when it comes to consent to let. Market Harborough Building Society is one of the lenders I am thinking of going with. How accommodating are they are far as consent to let is concerned?
  • What are the implication if I have already rented out the property for some years as an HMO and now want to legalise the situation with Market Harborough Building Society by obtaining consent to let ? (work on the basis that Market Harborough Building Society had previously issued a standard mortgage in the past)