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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.

Examples of recent questions relating to Mortgage Express (No 2) consent to let

  • My lender has placed me in a catch 22 with a Consent to Let home loan. Reacting to my requisition for consent to let the lender has asked me to provide them with a signed AST prior to issuing consent. If I get a signed tenancy agreement would I not be breaching the lender’s terms and conditions?

  • I have a mortgage with Mortgage Express (No 2) however my husband and I will be moving to the US in December. The mortgage is in my name yet it is my husband's job that is taking us abroad how do I answer the question: 'please indicate why you wish to let the property':
  • We have a flat in Sutton which we purchased as a new-build about eight years ago. As the family is growing we require more space. We've found a property in Redbridge that we wish to buy and want to keep the flat as an investment to rent out. The mortgage is with Mortgage Express (No 2) and we've found a tenant who will pay rent which more than covers the monthly mortgage amount. My query is, can we hold onto the repayment mortgage with Mortgage Express (No 2) so we effectively paying off our loan on the property or must we to switch to a buy-to-let mortgage?
  • My husband and I would like to be informed of what the policy is for Mortgage Express (No 2) for consent to let. I have heard contradictory suggestions in relation to fees and rates. I need to move area for career reasons but I don't want to sell the property due to a depressed market.
  • My fiance and I are planning to ask Mortgage Express (No 2) for consent to let out our home in Tower Hamlets. We are moving overseas for 3 years and would like to to let it out. I omitted to check this out when we got the Mortgage Express (No 2) mortgage, and that was purely because we never thought an opportunity like this would come up so was planning on being in the property.
  • When it comes to consent to let from Mortgage Express (No 2) am I obliged to advise them each time we get a new tenant and send them a copy of the tenancy?
  • I have a mortgage with Mortgage Express (No 2) on a 2 year fixed term contract. I may have an opportunity for a teaching post abroad next July. Would I be eligible for consent to let via Mortgage Express (No 2) if I took this opportunity overseas?
  • We are contemplating a remortgage and also thinking of renting the property in the future - Is there a charge with Mortgage Express (No 2) to procure consent to let and what are the criteria?