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

Molo Finance Buy to Let consent to let: Q and A’s

  • Next month I will be emigrating to Denmark. As opposed to sell my house, I would like to rent it out, just in case things don’t go as expected. My existing mortgage is with Molo Finance Buy to Let. If I looked to remortgage would a new provider see this as me looking to avoid a Buy To Let mortgage, of which there is very little availability for 80% LTV, and therefore turn down my request for Consent to Let?
  • Me and my partner and I I have a homeowner mortgage with Molo Finance Buy to Let but I would like to occasionally take in lodgers....am I obliged to obtain consent to let from Molo Finance Buy to Let?
  • Much to my surprise I have just been presented with an excellent job opportunity for eight months abroad. I have enough cash reserves to cover the monthly Molo Finance Buy to Let mortgage however the block insurance requires that the property must be occupied in order to remain valid. Last winter the roof was damaged but repaired. Should there be any problems through the winter months I would struggle to cover the remedial works. Will I qualify for consent to let from Molo Finance Buy to Let for the period I am abroad?
  • As a result of changes in my personal circumstances I intend moving in with my girlfriend this month and I have let my property out to 2 tenants on a twelve month tenancy. I am now applying for consent to let from Molo Finance Buy to Let but what if they decline. I can’t renege on my contract in terms of backing out of renting the students as the paperwork is finalised. On the other hand Molo Finance Buy to Let could take action for breach of contract i.e. renting it out in the absence of consent to let.
  • What do the Molo Finance Buy to Let Ts and Cs for consent to let look like?
  • I'd like to know if on the balance of probabilities Molo Finance Buy to Let will grant consent to let out our residential property in Sutton
  • I would like to know the criteria for consent to let from Molo Finance Buy to Let and what fees are involved. I've moved in with my partner and have a friend renting from me.
  • What happens if a borrower has already leased out the property for a number of years as an HMO and now want to go legit with Molo Finance Buy to Let by getting consent to let ? (assume Molo Finance Buy to Let had previously granted a homeowner mortgage previously)