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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

  • My fiance and I have a domestic mortgage with Molo Finance Buy to Let. My company has offered me a home as part of my job and wish to rent out my current home. The financial advisor has informed me it is straightforward process. Can you give me some information please?
  • I have been offered an excellent job opportunity for 6 months in New York. I do have sufficient money to meet the monthly Molo Finance Buy to Let mortgage yet the buildings insurance requires continuous residency in order not to be invalidated. Last Christmas the roof had some leaks that were repaired. If there happened to be any problems during the winter months I would struggle to cover the repair costs. How likely is it that I will get consent to let by Molo Finance Buy to Let for the time I am overseas?
  • Am I required to notify Molo Finance Buy to Let of my intention to rent my property out as a holiday let for twelve weeks. Can you shed any light on this? I am taking independent advice on the insurance, legal and tax side of things .
  • I am currently looking to buy my first property however, I am self employed. I I would like to find a lender that allows short term letting with a homeowner mortgage so that I could lease out the property for 6-9 months with long periods of absence without being required to switch to a BTL mortgage. Are you able to advise me on how lenders would perceive this and in particular the approach taken by Molo Finance Buy to Let.
  • This is not a question specific to Molo Finance Buy to Let but do lenders usually supply the information I need for my Buy to Let or Consent to Let self-assessment tax returns?
  • So this is the scenario: I am moving abroad. Potentially for many years. Nevertheless I will be on a 3 month probation period .I would like to know the criteria for consent to let from Molo Finance Buy to Let and any costs to be incurred
  • I hope to buy a new house but can't afford to sell my current apartment with a Molo Finance Buy to Let mortgage. Do you know acceptable terms for Molo Finance Buy to Let to give consent to let? Is getting married and having children an acceptable reason to seek consent?
  • I may be looking to let out my property and wondered what I would need to do to negotiate consent to let from Molo Finance Buy to Let. I may be emigrating permanently.