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

Recently asked questions relating to MPowered Mortgages consent to lease

  • I work for letting specialists in loc and have been ask but a prospective tenant of a property for evidence of the ‘consent to let’ from the owners lender MPowered Mortgages. Is there a new law that has triggered this question?I have not come accross this before, is this a new legal requirement?

  • I previously got consent to let from MPowered Mortgages two yrs ago but never used it and subsequently refinanced with another bank. I recently asked for consent to let. I was informed that it would be forthcoming since their requirements were met. I have now got a communication informing me that I need to supply a letter from the DWP evidencing that that are aware of my current situation before they can issue consent. They said this is policy but I have not been able to find these conditions on their site. I did complain about the inference 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 £25 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
  • I'm just looking here for a a friend as he’s at work who has a mortgage with MPowered Mortgages. He asked me to find out if there is a charge for granting consent to let? He has been offered a job 200 miles away and would like to rent out his apartment in the meantime.
  • I am currently a MPowered Mortgages mortgage borrower looking for consent to let on my present property. We would like to buy in close proximity to where we are based with the Royal Marines,... but we might have to move.
  • How much is it to get a consent to let from MPowered Mortgages on my residential property. I've moved in with my wife and have a family member renting from me.
  • We have a owner-occupier mortgage with MPowered Mortgages and are considering obtaining consent to let so that we can apply for another mortgage on another property that I own on a buy to let basis. Before we apply I would like to know the implications of making the change and any facts that we need to be aware of.
  • Am I required to wait for consent to let to be granted on my prevailing residential mortgage with MPowered Mortgages before applying for a resi mortgage on a new property?
  • We have a mortgage with MPowered Mortgages at present and just enquiring about the processes of getting a 'consent to let'