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

Common questions relating to New Street Mortgages consent to lease

  • Is consent to lease required from New Street Mortgages or can I let my basement flat without telling New Street Mortgages and being forced to convert to a B2L mortgage?

  • Just contacting you on behalf of my brother who has a mortgage with New Street Mortgages. He asked me to find out if there is a charge for granting consent to let? He has been in his property for two years but has been offered a job 120 miles away away for 2 years and was thinking about letting the place out while he is away.
  • I have a mortgage with New Street Mortgages. I would like to buy a second property and my financial adviser advised me to apply for a consent to let. I had formerly led to believe they will only accept the consent to let if I have the intention to move back into my current home. Have I been advised correctly?
  • The plan is to move in with my partner and I have let my property out to two students on a twelve month AST. The application for consent to let from New Street Mortgages is in hand but what if they refuse. I can’t renege on my contract in terms of not renting the students as the paperwork is finalised. On the other hand New Street Mortgages could sue me for breach of contract i.e. renting it out without consent to let.
  • What do the New Street Mortgages Ts and Cs for consent to let look like?
  • We have a owner-occupier mortgage with New Street 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 it would be helpful to know the implications of making the change and any facts that we need to consider.
  • I are considering applying to New Street Mortgages to obtain consent to let our house, how long does it take from the point of submitting the application to us finding a letting agent and listing our house for rent? and are there any further steps we will need to go through?
  • Soon to remortgage my house but will likely be moving out in the near future and would be looking to let it out. Is it possible to get buy to let or consent to let from New Street Mortgages?