Need Help?

Need professional advice for your consent to let with Mortgage Agency Services? There are various implications when it comes to letting out your property with an existing residential mortgage - you should seek professional assistance.

Frequently asked questions relating to Mortgage Agency Services consent to lease

  • In what situations will consent to let for a property be given by Mortgage Agency Services? For what period of time do you have to have had the mortgage before consent to let can be granted by Mortgage Agency Services? By way of background we are moving abroad for a year and a half with my wife’s business and will need to rent our house. I would be interested in securing consent to let in the first instance in order to renting the property out to cover the costs of the Mortgage Agency Services mortgage.
  • For some years now I have a I have had a mortgage with Mortgage Agency Services. My partner has bought a house in Bexley and he has asked me to live with him. Can I lease out my property with consent to let in case I need to move back? Also what legal paperwork must I provide Mortgage Agency Services with when filling in the consent to let form?
  • My flat worth £95k. Mortgage Agency Services mortgage owing £18k with 5 years left. Obtain consent to let from Mortgage Agency Services for current apartment and utilise rent to pay off what is left of mortgage. Take out 65 % Mortgage Agency Services mortgage on new property that becomes my main home? Any reason I cant do this?
  • I refinanced with Mortgage Agency Services 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 let the old property out with consent to let. Is that likely to land me in hot water?
  • We are planning to move to Australia for eighteen months for my job but I don't want to change my mortgage to BTL as I want to move back into it when I return. Do you know if Mortgage Agency Services charges additional interest? Is there any way around this?
  • I have a residential mortgage with Mortgage Agency Services and require consent to let. What are the factors and requirements that I need to be aware of in order to obtain consent?
  • Can I remortgage to Mortgage Agency Services from my current provider, with a consent to let or do I need a let to buy mortgage, and if so what are the LTV's?
  • I hope to buy a new house but can't afford to sell my existing property with a Mortgage Agency Services mortgage. Do you know the criteria for Mortgage Agency Services to grant consent to let? Is getting married and having children a sufficient reason to make the request?