Need Help?

Need professional advice for your consent to let with Precise Mortgages (Charter Court Financial Services Ltd)? 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 Precise Mortgages consent to lease

  • I was thinking of renting out my home and make money from it while I am on vacation. It will only likely be for four weeks. Is advanced consent to let from Precise Mortgages required?

  • I'm currently tied into a tenancy agreement until September and am purchasing an apartment. Would my lender Precise Mortgages have an issue with consent to let until my tenancy finishes and then moving in?
  • I have had a home loan with Precise Mortgages for 14 years. My divorce went through four years ago put the property in my name by transfer of equity. My circumstances have changed, I wish to keep my house but move in with my new partner, renting my house out. I have been told by my mortgage advisor that I can request consent to let from Precise Mortgages rather than a BTL mortgage as I I did not buy the house with the intention of letting it out, your feedback would be appreciated?
  • I am expecting any day now a mortgage offer from Precise Mortgages for a leasehold property. I have applied via a broker. It is a 20 year mortgage. I wonder what is the main criteria Precise Mortgages adopt in order to allow customers consent to let? Is consent to let based on the rental multiple on a property?
  • Will Precise Mortgages want to know why I am seeking consent to let? Should I disclose my possible relocation overseas?
  • I want to take in in a lodger for my ground floor flat in Waltham Forest which I live in. My mortgage is with Precise Mortgages. How do I go about getting a consent to let?
  • How likely is it that I can retain my current residential mortgage with Precise Mortgages if I start renting out? If the consent to let is issued will they tie me into an increased rate?
  • What happens if a borrower has already leased out the property for some years as an HMO and now want to legalise the situation with Precise Mortgages by getting consent to let ? (assume Precise Mortgages had previously issued a standard mortgage in the past)