Need Help?

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.

Questions and Answers: Market Harborough Building Society consent to let

  • Can a new mortgage be taken on a consent to lease with Market Harborough Building Society?

  • My colleague is intent on letting his flat out without consent to let via his mortgage provider Market Harborough Building Society. He has been on an interest only mortgage for about 7 years now. Outstanding amount is £112k, having paid for the flat for around £125k. If he lets the apartment out privately, exactly what sanctions is he likely to face?
  • I refinanced with Market Harborough Building Society recently, borrowing extra with the intention of doing a loft conversion. That extension has proved not to be possible and I now intend to purchase a further property for residential purposes and lease the existing property out with consent to let. Is that likely to be forthcoming?
  • We are currently in Hong Kong and leasing out our flat in Camden. This is not something we planned but an opportunity presented itself and we took it. The rental income is not enough to cover the mortgage so we transfer money each month to make up the shortfall. Anyway this morning I got a letter in the post from our lender telling me that because the property is being let out and has been for almost two years we will have to pay 1.5% interest on top of our current mortgage rate. One option is to sell up but this will not be easy as I am so far away. Would it be possible to remortgage with Market Harborough Building Society and get consent to let?
  • Can I refinance with Market Harborough Building Society with consent to let if my fixed rate is reaching it’s end. Circumstances would not have changed.
  • I am after more information concerning consent to let mortgages, potentially switching our current mortgage with Market Harborough Building Society over to a consent to let one.
  • I have a 1st time buyer mortgage with Market Harborough Building Society which is only 6 weeks long but I have been relocated with my job. Is it possible to obtain consent to let from Market Harborough Building Society for a mortgage that has only recently started and I have just purchased the property?
  • I am looking into the option of renting out my apartment with consent to let from Market Harborough Building Society whist away travelling for a couple of months