Need Help?

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.

Frequently asked questions relating to The Mortgage Business consent to lease

  • The Mortgage Business have just granted me consent to let. After some effort, The Mortgage Business have issued me with ‘consent to let’ confirmation . There is reference to an assured shorthold tenancy. What is that?

  • I purchased a flat in 2014 with a The Mortgage Business loan but want to put my flat up for rent. I want to find a larger property as our family is growing now and a single bedroom flat is too cramped for us now - furthermore if I rent it out I can build up some savings. Do I require consent to let byThe Mortgage Business?
  • My husband and I currently live in NYC and renting out our property in Islington. This was unplanned but an opportunity arose and we took it. The rental income is not enough to cover the mortgage so we transfer funds each month to make up the shortfall. Anyway this morning our lender got in touch telling me that as the property is being let out and has been for nearly four years we will have to pay 1.5% interest on top of our current mortgage rate. One option would be to sell up but this will be difficult as I am so far away. Could we remortgage with The Mortgage Business and get consent to let?
  • I have had a The Mortgage Business mortgage for less than a year but I recently found out I am about lose my job. I would like help procuring consent to let from The Mortgage Business
  • We have a letter to The Mortgage Business requesting consent to let signed and ready, but I'm not sure what address I should forward this to. Can you please help me with the address?
  • Assuming 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 penalties?
  • I was just wondering how to get consent to let from The Mortgage Business...do I phone them or write a letter to them?
  • My wife and I have a granny flat attached to our home. Do we need consent to let this from The Mortgage Business? If so, what is the process if I wish to change the mortgage to consent to let?