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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.

Top Five Questions relating to New Street Mortgages consent to lease

  • I am employed by letting specialists in loc and a potential tenant for the house has demanded sight of the ‘consent to let’ from the owners lender New Street Mortgages. Is there a new law that has triggered this question?I have not come accross this before, is this a new legal requirement?

  • My lender has placed me in a difficult predicament with a Consent to Let mortgage. Reacting to my requisition for consent to let my lender has requested that I produce an executed tenancy agreement before they will grant consent. If I get a signed tenancy agreement would I not be violating the terms of my existing mortgage?

  • Just looking for some information, I have a mortgage on a flat with New Street Mortgages and I am pondering on the idea of leasing the property out. Can I do this without switching to a buy to let or obtaining consent to let from New Street Mortgages?
  • A friend of mine has rented her house off the same landlord for nearly three years. Over the course of the last twelve months my friend has received letters from New Street Mortgages (it is apparent from the envelope). For the first five or six she forwarded them to her landlord’s address. My suspicions were aroused as none of the landlord’s mail was supposed to be going there. I therefore went to my friends house and called New Street Mortgages on her behalf. The lady I spoke to at New Street Mortgages had a long list of questions, the landlady's name her current address, the tenant's details and then said they would investigate whether she had the correct mortgage and if she didn't it was an offence without consent to let. Should my friend be worried?
  • When it comes to consent to let from New Street Mortgages am I obliged to tell them each time we get a new tenant and post them a copy of the tenancy?
  • My mortgage is presently with New Street Mortgages and am considering whether to sell or rent in the short term but don't have the equity for a buy to let mortgage at this stage. How feasible are consent to let options currently?
  • I recently acquired a ground floor flat in Barnet. I am first time buyer. I am moving Ireland next month, can I get consent to let from my lender New Street Mortgages or do need to wait for at least 6 months?
  • I hope you can help What do my wife and I need to do to obtain consent to let from New Street Mortgages? And how much equity is needed?