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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

  • We have a New Life Mortgages mortgage and are are up to date with payments, both employed etc. Do you know how much it will cost and if New Life Mortgages are likely to give us consent to let without changing to a different deal?

  • Due to problems with the area we live in (it's rough!), we are now looking to move. As selling the flat will trigger a hefty redemption penalties to New Life Mortgages of £2500, we considered that it would best to let it out. So, we need to obtain a consent to let from New Life Mortgages only for less than a year. Will New Life Mortgages grant consent?

  • My friend has let her house from the same landlady for almost 2 years. Over the last six months my friend has been receiving letters from New Life Mortgages (it is apparent from the envelope). Inititially she forwarded them to the landlord’s address. My suspicions were aroused as none of her landlady's post was supposed to be going there. I decided to go to my friends house and called New Life Mortgages on her behalf. The guy I spoke to at New Life Mortgages had a long list of queries, the landlady's details, information relating to the tenant and then said they were going to investigate whether she was entitled tolet out the house or if it was an offence without consent to let. Can you shed anymore light on this?
  • My husband and I are intent on purchasing a property, letting a couple of the bedrooms out to help cover the loan with New Life Mortgages, and then moving on in two or three years - when the property would be entirely let. Is it likely that New Life Mortgages would frown upon this as I will have been given a normal homeloan rather than a B2L or consent to let? I've heard that in extreme situations they can sue for mortgage fraud, is this right?
  • I’m about to finish the fixed rate period of my three year fix with New Life Mortgages and switch on to the standard variable rate. I would like to know if consent to let by New Life Mortgages is a foregone conclusion, if there are charges, and if there are time limits?
  • We wish to move home and have identified a property we wish to purchase so are considering renting out with consent to let from New Life Mortgages for our existing property to enable us to make an offer and not miss out on the potential new house.
  • Just looking for some information. I currently have a mortgage in place with New Life Mortgages. I have been given approval to temporarily rent out my apartment from the managing agents and they asked for a copy of the consent to from New Life Mortgages.
  • I am looking to get consent to let with my New Life Mortgages residential mortgage. It is a detached house. Will New Life Mortgages grant consent on this basis? Or would it be regarded as an HMO?