Need Help?

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.

Recently asked questions relating to Newbury Mortgage Services consent to lease

  • I am in an impossible situation with a Consent to Let mortgage. Having sought consent to let the lender has asked me to provide them with a signed AST prior to issuing consent. Is is not the case that if I adhered to their request that I would be violating the terms of my existing mortgage?

  • I have a home loan with Newbury Mortgage Services on a flat and I wish to let it out and rent another property as a result of changes in personal circumstances - I want to move to a different location, and to live in a bigger property with my fiance. I sought consent to let and yesterday got a response refusing as they felt I want to invest. I as at a loss as to what my options are. I find myself at risk since I am already committed to the new house and am faced with paying both Newbury Mortgage Services and rent, which could put me at financial risk. The matter is urgent because a potential tenant waiting in the wings
  • I am a FTB in the process of attempting to acquire a flat. However there is a strong possibility that I will be moving abroad in the near future. I have mentioned this to my financial adviser who has informed me as long as nothing has been signed or confirmed you can go ahead and apply for a residential mortgage with Newbury Mortgage Services. Once that's complete if it transpires that I need to move abroad he said can apply for a consent to let from Newbury Mortgage Services. How would the property be treated for CGT purposes? From what I can tell there is some sort of tax relief if you have had to vacate your property to move abroad for work. is that right?
  • I have an existing Newbury Mortgage Services loan on a house for the last eight years. Fast forward and I have got married and live in my husband’s home. My property is currently unoccupied and we either need to sell or have someone rent. Clearly this could be a long term proposition as the prospect of moving back is unlikely. What should I tell Newbury Mortgage Services in order to get consent to let?
  • My Newbury Mortgage Services mortgage rate finishes next September can I move to a interest only with consent to let?
  • I want to apply for consent to let from my lender Newbury Mortgage Services to rent out my house. . Do Newbury Mortgage Services allow consent to let in this scenario?
  • Just wanted to know what needs to be provided to Newbury Mortgage Services in order to get consent to let? I just finished a three year fixed mortgage and potentially moving to another house with my partner.
  • We would like to obtain consent to let on a house where we have a mortgage with Newbury Mortgage Services. If issued, how long would consent be given for? In asking for consent to let from Newbury Mortgage Services are we running the risk of them forcing us to change deal to B2L