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Need professional advice for your consent to let with The Mortgage Business? 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 The Mortgage Business consent to lease

  • The hope is to move home. My question is whether consent to let will be given on my property for me to subsequently obtain a loan offer for the new house so I can effectively bid chain free and subsequently rent my property out when I move. Does The Mortgage Business give consent to let for 6 months? If so, and the rental goes well is it possible for the consent to let time limit be prolonged further?
  • Much to my surprise I have been offered a once in a lifetime career opportunity for 6 months overseas. I have enough cash reserves to meet the monthly The Mortgage Business mortgage however the block insurance requires that the property must be occupied in order to be valid. Last Christmas the roof suffered storm damage but was repaired. Should there be any problems in the winter months I would find it hard to afford repair costs. How likely is it that I will get consent to let via The Mortgage Business for a limited period?
  • I vacated my apartment about five months ago but didn't get around to get a consent to let letter, mainly because the mortgage fix rate period is ending in 2 months and I am considering getting a new mortgage in any event. I want to ask for the letter now, is that going to open up a Pandora’s box?
  • We have a fixed mortgage with The Mortgage Business (with a little under two years remaining) but due to redundancy want to move away from London (actually to a new job in Holland) and so want to lease the property out. We don't want to have the expense of a repayment penalty and understand that some lenders are content to provide this 'consent'...what is the approach taken by The Mortgage Business?
  • My mortgage company refuse to grant consent to let until I have a move in date confirmed with a tenant. How can I confirm this whilst lacking consent to let? I can't be certain but I vaguely recall my friend had a similar issue with The Mortgage Business.
  • Would I be able to remortgage to The Mortgage Business from my existing lender, with a consent to let or do I need a let to buy loan, and if so what are the LTV's?
  • In the event that I was successful in obtaining consent to let from The Mortgage Business, can I sell during the consent period? Is it possible that I would incur any charges?
  • I am currently refinancing and investigating the flexibility of certain mortgage providers when it comes to consent to let. The Mortgage Business is one of the lenders I am thinking of going with. How accommodating are they when it comes to consent to let?