Consent-to-let Help for Landbay Partners Ltd

Examples of recent questions relating to Landbay Partners consent to let

• I have a two bedroom leasehold maisonette via a Landbay Partners mortgage and have a lodger sharing with me. I have decided to relocate to Tower Hamlets and will rent there. My lodger would like to stay and is willing to pay an increased rent. Am I obliged to apply for consent to let by Landbay Partners?
• I have a current mortgage contract with Landbay Partners and wish to clarify if it would be possible to receive consent to let out our two bedroom ground floor purpose built maisonette in Wandsworth.

  The reasons(s) for wishing to lease out the property are are due to: -

  • My family and I will be relocating to Cape Town next spring.
  • In letting out the house this will enable us to make some savings to help the migration process.
  • There is little merit from a financial point of view to pay outright for a property which we are no longer living and by leasing out the property this would be viewed as an ongoing investment.

  If Landbay Partners granted permission to us for renting we would propose some financial commitments to include: -

  • Maintain paying the monthly mortgage payment by standing order.
  • Use an approved letting agent who will provide a rent guarantee scheme as a further financial safeguard.
  • Supply our forwarding details for when we emigrate.
• My property recently got consent to let on a owner-occupier loan with Landbay Partners with a view to changing to a BTL rate when the fixed term ends in a few months' time, so I'm not sure if this complications to the issue! Any recommendations gratefully appreciated.
• I may have the chance to go and work overseas in a couple of years. I am therefore possibly scaling down to a newer property in Hillingdon which I could rent out more easily when the time comes. I would aim to keep half the equity in the new apartment which would be my home for a while. My existing mortgage co will only issue consent to let for a year. I suspect renting it out longer term and not having consent could land me in a whole host of problems. B2L seems inappropriate when I will be living there, perhaps for 2-3 years initially. What product should I be seeking, and from whom? Do lenders such as Landbay Partners provide consent to let for an open ended period?
• I have a Landbay Partners mortgage currently and potentially wish to let it out temporarily with consent from Landbay Partners for (eighteen months). How long do you have to wait until you apply for consent to let??
• My husband and I are having to move to the US for eighteen months for my job but I don't want to convert the mortgage to BTL as I want to reoccupy it when I return. Do you know if Landbay Partners charges additional interest? Is there any work around?
• As a result of work opportunities I will be moving to Scotland and would like to rent the flat temporarily, please let me know what steps I need to take in order to obtain consent to let from Landbay Partners?
• We have a new mortgage however my girlfriend doesn't feel safe in the property due to other tenants in the block. I know that many lenders have a six month thing before consent to let - does this apply to all lenders. Is there any way Landbay Partners would grant consent to let from the start?