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Need professional advice for your consent to let with Landmark Mortgages Limited? 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: Landmark Mortgages consent to let

  • I have my garden flat in Newham on the market but notwithstanding a couple of viewings there is a lack of interest so far. As a fall back position I am considering renting out the property if it doesn't sell. I dont anticipate a problem getting consent to let from the freeholder. My financial adviser says that in such a situation I may have to switch to a BTL mortgage yet I probably don't have enough equity needed. What's the worst that could happen if I was to retain the existing Landmark Mortgages mortgage and rent out the flat without informing them. As long as the mortgage is being paid in full and on time, why would they care or check?
  • We I have a homeowner mortgage with Landmark Mortgages but I would like to occasionally rent the property out as a holiday let....do I need consent to let from Landmark Mortgages?
  • I own a property that's currently under shared ownership (My share is 60per cent) and I bought it in July 2013. I plan to go through the full purchase of the house. My partner and I have also got a further house that we are looking to purchase. Mortgage in principle has been issued by Landmark Mortgages. I would like to know that I will be able to put the current house through consent to let as soon as the remainder share has been purchased so, that we can start the process of purchasing the new house
  • How long must one live in a property before consent to let with Landmark Mortgages would be given? I bought my flat with a Landmark Mortgages mortgage sixmonths ago.
  • I was just curious as to whether Landmark Mortgages would give consent to let and what kind of fees, penalties and new rates etc
  • How easy is it to obtain a consent to let from Landmark Mortgages and what will it cost me? If I want to let out my property for three months how easy is it to fluctuate between a normal mortgage and consent to let?
  • As of today I have a mortgage with Landmark Mortgages. I am considering renting and buying another property but this is all alien to me. What is the procedure for consent to let?
  • I am currently in the process of getting a mortgage through Landmark Mortgages - There is a likelihood that in the coming months I may decide to let out the property - how would I swap the 1st time buyer mortgage to a buy to let mortgage?