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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.

New Street Mortgages Consent to Lease Example Support Desk Enquires

  • What is the process for obtaining consent to let from New Street Mortgages? What evidence do they ask for? is there a fee to pay? Is consent generally limited in time and if so, for how long? Do I need to renew it annually? What if I obtain a consent but decide not to let out the property?
  • I rented my house out for three years between 2009-2012 while employed abroad. I have a letter dated May 2010 from my lender granting consent to let. In the letter it clearly states that the consent to let is valid for "the remaining term of the mortgage". I have not changed product since the letter was sent. I now plan to move house and rent out my existing house. However, my IFA has suggested that the 2010 consent to let letter may not be sufficient for the new lender New Street Mortgages for the property I wish to buy.Your view would be appreciated
  • I sought consent but I did not get it as I did a remortgage in July but Woolwich does not give consent if mortgage is less than 6 months old. Now I am worried when 6 months is gone are they going to find some additional criteria that will not be ok. On the other hand I can remortgage with New Street Mortgages but will they give me consent straight away?
  • My wife and I intend to let our existing property out shortly after we move. This is to be done with consent to let from New Street Mortgages. The apartment is currently in my name but I am a top rate tax payer. Is it best to do a equity transfer to her or should I enter into a Declaration of Trust?
  • My husband and Iwant to let the family home and buy other. Can New Street Mortgages refuse to grant me consent to let?
  • I’m about to finish the fixed rate period of my 2 year fix with New Street Mortgages and change on to the current variable rate. Can you tell me whether consent to let from New Street Mortgages is likely, if there are charges, and if there are time limits?
  • I have a mortgage with New Street Mortgages but am wanting to rent my house out and move in with my fiance and baby what would I have to do to obtain consent to let?
  • I am enquiring as to whether there are any charges in getting consent to let on a freehold property when I have a mortgage with New Street Mortgages