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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.

Questions and Answers: Precise Mortgages consent to let

  • I am a FTB looking to purchase a terraced house in Precise Mortgages. I have a good size deposit with a mortgage from Precise Mortgages. My predicament is that my fiancee has a apartment in Maida Vale and I hope to be moving in next year, at which point I would want to let out my property. I I know that consent to let is needed but it does not sound like a guaranteed option. Can you offer any advice?

  • I have a Precise Mortgages mortgage on an apartment I own, in Greenwich. This year, due to a change in my circumstances I decided to let out this flat, and rent a house in a different area within same loc. The personal circumstances that altered is that I started living with my partner, and the flat is too small for us. I would rather not sell the flat because the current market value is 15% less than the market value when I bought the flat eight years ago. I applied to Precise Mortgages for a consent to let which was turned down as they felt that my intention was to invest in the flat. Any advice would be greatly appreciated, as this is really stressing me out. The matter is urgentbecause there is already a prospective tenant waiting for this consent to let and could withdraw.Many thanks
  • We currently have a five year fixed rate mortgage with Precise Mortgages that we're approximately 12 months into. Our circumstances have now altered and we wish to rent out our property for a while and move to another town. How do we mitigate the possibility of Precise Mortgages refusing to grant consent to let.
  • 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 probably due to an ongoing dispute with the family next door. I was obliged to mention it on the disclosure sheet. Mortgage is with Precise Mortgages on a standard variable rate. It has been suggested to me that I should obtain consent to let from Precise Mortgages and rent the property for a year or two.
  • If we ask for a consent to let letter from Precise Mortgages will we be made to convert to buy to let mortgage? We are with Precise Mortgages and as houses are not selling at the mo but we have seen one we like we were considering letting our home out in order to acquire the new and sell this one when the market improves.
  • There is a chance of me going to Dubai for twelve months with work. Planning on taking my partner with me and hoping to rent our UK property in the meantime on a temp basis to make things more cost effective. I was just enquiring where I can I get a consent to application form from
  • How do I go about being given consent to let by Precise Mortgages? Is there certain requirements for example you have to reside in the property for over 6 or 12 months before its granted?
  • I am looking at some alternative lifestyle. I have a Precise Mortgages mortgage, if I become a Australian resident but wish to rent my UK house, do I need to get consent to let from Precise Mortgages to do this ?