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

Top Five Questions relating to New Life Mortgages consent to lease

  • I am interested in finding out more about the conditions customers have to meet before consent to let from New Life Mortgages is issued. Do you know if there are any restrictions on who can be given consent?
  • How simple is it to obtain consent to let from New Life Mortgages. I'm interested in fixed residential mortgage and hope to reside at the property but would like to understand my options if work has opportunities elsewhere for example within the next couple of yrs Could you let me know generally how receptive New Life Mortgages are regarding consent to let?
  • I appreciate the capital gains tax connotations of switching a New Life Mortgages mortgage to consent to let, but what about the ongoing rental earnings vs expenses? Say I have converted my former owned garden flat into CTL and vacated and pay rent elsewhere. Is there any way to expense the rent I am paying from the rental income?
  • My partner and I (co-owners) are considering refinancing with New Life Mortgages. I was doing some research concerning consent to let from New Life Mortgages to understand the rules around potentially leasing our current property out (probably in a year or 2) if we moved away. The flat in question was a first-time purchase for us about three years ago. Currently we are living there.
  • When it comes to consent to let from New Life Mortgages am I obliged to tell them every time we get a new tenant and send them a copy of the lease?
  • I am endeavouring to figure out which lenders are best for granting consent-to-let without raising rates, and hopefully allowing in excess of 2 years if required. Is that something you can help with? We are particularly interested in New Life Mortgages
  • Can I get an interest only mortgage with consent to let when my current New Life Mortgages deal runs out September 30?
  • My husband and I are applying to change mortgage provider to New Life Mortgages for a fixed rate but during this period would need to rent the flat out for about 12 months. Do New Life Mortgages consent to let on fixed rate home loans and if so, what are the costs.