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Need professional advice for your consent to let with MBS Lending Ltd? 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 MBS Lending Ltd consent to lease

  • A year ago my mortgage lender (not MBS Lending Ltd) issued me with consent to let. The condition was that every half year they would levy a fee of half a percent of the remaining mortgage amount. Having the first few payments they have omitted to make the charge in recent months. This may well be a basic computer error but I am nervous that it would also mean I no longer have Consent to Let.
  • At the moment have a 5 year fixed term mortgage with MBS Lending Ltd that we're about one year into. Our situation has now changed and we wish to rent out our house for a year and whilst we relocate to Waltham Forest. How do we minimise the possibility of MBS Lending Ltd rejecting consent to let.
  • I have a MBS Lending Ltd mortgage with my twin and am looking to leave and get a new mortgage with my partner. How would I proceed with taking in a lodger? Would I need consent to let via MBS Lending Ltd? My twin will remain in the apartment
  • I may have the chance to go and work abroad in a couple of years. I am therefore potentially scaling down to a newer property in Haringey which I could rent out more easily when the time comes. I would aim to retain half the equity in the new property which would be my home for a while. My existing mortgage provider limits consent to let for 12 months. I anticipate renting it out longer term and not having consent could result in a whole heap of trouble. BTL seems unnecessarily expensive when I will be living there, perhaps for 2-3 years initially. What type of mortgage do I ask for, and from whom? Do lenders such as MBS Lending Ltd grant consent to let for more than a year?
  • Just wondering if it's possible if you own one property with consent to let from MBS Lending Ltd, to buy a second with a domestic mortgage to live in. Then once the consent runs out on the first property, to switch to buy to let or sell it?
  • My son has a mortgage with MBS Lending Ltd and he wants to let his flat out as he is moving in with his girlfriend.Will she be granted consent to let? What is the process and cost involved?
  • I are thinking about applying to MBS Lending Ltd to obtain consent to let our home, how long does it take between submitting the application to us finding a letting agent and listing our house for rent? and are there any additional steps we will need to go through?
  • My OH and I have 5 months to run on a 2 year residential mortgage with MBS Lending Ltd but now let the flat out. is it safe to assume they will just charge a set fee for consent to let?