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

Newbury Mortgage Services consent to let: Q and A’s

  • I am about to join the property ladder looking to purchase a small house in Newbury Mortgage Services. I have a significant deposit with a mortgage from Newbury Mortgage Services. My dilemma is that my girlfriend owns a flat in Maida Vale and I can foresee myself moving in next month, when I would want to let out my property. I have heard of consent to let but it does not sound like a guaranteed option. Is there any advice you can impart?

  • Can you explain "consent to let" to me? I live in a studio flat and its in good condition. It is on the market and I am struggling to sell. This is because my neighbour is a drunk and assaulted me last year. I have had to mention this on the disclosure sheet. I am with Newbury Mortgage Services on a fixed rate. Someone mentioned I should obtain consent to let via Newbury Mortgage Services and rent the property to tenants.
  • I rented my house out for three years between 2010-2013 while working abroad. I have a letter dated June 2010 from the 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 issued. 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 acceptable to the new lender Newbury Mortgage Services for the property I wish to purchase.Your view would be appreciated
  • How many months after getting a new mortgage do I have to wait before I can seek consent to let from Newbury Mortgage Services? To give some history I bought my apartment in Newham 2 years ago and am currently on a three year fixed rate. I since met my partner and plan to move in to his place. I intend to get a better fixed term next October. I presume that I would have to hold back for at least half a year before I could request a consent to let. Is that correct?
  • If I were to apply for consent to let from Newbury Mortgage Services what is the time scale Newbury Mortgage Services would take to make a decision?
  • I'm possibly going to Hong Kong for twelve months with work. Planning on taking the husband with me and hoping to rent our UK property in the meantime on a temp basis to make matters more cost effective. I was just enquiring where I can I get a consent to application form from
  • A work promotions now necessitates that Ibe in different countries every month and as a result I wish to get to grips with the procedure for applying for consent to let with Newbury Mortgage Services
  • In the event that I was successful in obtaining consent to let from Newbury Mortgage Services, could I sell during the consent period? Is it possible that I would incur any penalties?