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Need professional advice for your consent to let with Masthaven Bank? 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 Masthaven Bank consent to lease

  • I want to explore if I can receive consent to let on my current flat. I have a mortgage with Masthaven Bank but my situation has changed. I'm about to move in with my partner and son who have a house and is larger than my studio home. I don't think I can qualify for a buy to let mortgage as I don't have money for a deposit nor do I earn in excess of £25000 a year.
  • My OH and I are just about to receive a mortgage offer from Masthaven Bank for a leasehold property. I have applied via a broker. It is a capital and interest mortgage. I wonder what is the main criteria Masthaven Bank adopt in order to grant borrowers consent to let? Is consent to let based on the rental amount for a property?
  • We are planning to lease out my flat for 12 months from 9th July 2015. Is there conventional wording for a letter I can use to write to Masthaven Bank to request consent to let.
  • I recently got married and my wife and I would like to buy a family home in the coming year, whilst keeping our one bed flat in Bromley we currently live in to rent out. Mortgage on the flat is with Masthaven Bank. I wish to avoid putting myself in a situation with two residential properties only to be refused consent to let.
  • My husband and I are planning to ask Masthaven Bank for consent to let out our house in Islington. We are relocating overseas for 2 years and need to let it out. I failed to check this out when we got the Masthaven Bank mortgage, and that was due to the fact that we never foresaw an opportunity like this would come up so was planning on occupying the property.
  • Will Masthaven Bank want to know why I am seeking consent to let? Is it wise to disclose my potential relocation overseas?
  • My OH is in the process of placing an offer on a new property in Greenwich and is on to a good deal as it requires renovating. We want to rent our current property for two years and then return. Will I be granted a consent to let by Masthaven Bank?
  • Do I need consent to let if I rent to a family member (in my case my mum now lives there and contributes towards the Masthaven Bank mortgage)?