Need Help?

Need professional advice for your consent to let with Mortgage Express? 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 Express (No 2) consent to lease

  • I have a shared ownership property in Barnet and will be looking to buy out the rest of the property. However, in the future I may be working overseas for a short period of time so would like to know what approach Mortgage Express (No 2) take to consent to let as I am considering a remortgage with them. I am not sure if a mortgage can be obtained on my property but in the meantime can you provide further advice on their consent to let policy?
  • I previously got consent to let from Mortgage Express (No 2) in 2012 but never used it and have since remortgaged to a new bank. I recently sought for consent to let. I was informed that it would be given since their requirements were met. I have now got a letter advising me that I need to supply a letter from the DWP confirming that that are aware of my current situation before they can provide authorisation. They said this is policy but I have not been able to find these conditions on their site. I did complain about the insinuation that I might intend to continue to claim help with interest from the DWP whilst receiving rental on the property. They apologised and offered to deposit £35 in my account . However i still am unable to locate this term and condition and i feel this is otherwise inappropriate I want to let my property as a way of releasing me from redress to social benefits not in order to continue with them
  • How long must one own a property before consent to let with Mortgage Express (No 2) would be given? I completed on my flat with a Mortgage Express (No 2) mortgage 9months ago.
  • My partner and I intend to lease our studio flat out. We have put an offer on another property for us to purchase and have a tenant to move into ours. I believe I have to ask our mortgage provider Mortgage Express (No 2) for consent to let. I wonder if there is a standard consent to let request letter I can use?
  • My personal situation has changed, and I wish to let my property out - meaning consent to let- I have approx £140K loan with Mortgage Express (No 2) and currently 85k equity I need to avoid the early repayment fees.
  • Please can you tell me the circumstances under which Mortgage Express (No 2) will decline a request for consent to let?
  • Is it possible that Mortgage Express (No 2) would have an internal record as to whether consent to let was granted for a specific property?
  • Just looking for some help. I already have a mortgage in place with Mortgage Express (No 2). I have had approval to temporarily rent out my apartment from the freeholder of the block and they asked for a copy of the consent to from Mortgage Express (No 2).