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Need professional advice for your consent to let with Bluestone Mortgages? There are various implications when it comes to letting out your property with an existing residential mortgage - you should seek professional assistance.

Bluestone Mortgages consent to let: Q and A’s

  • Do I need consent to let from Bluestone Mortgages or can I rent out my basement flat without telling Bluestone Mortgages and being forced to convert to a B2L mortgage?

  • In what situations will consent to let for a property be issued from Bluestone Mortgages? For what period of time do you have to have had the mortgage before consent to let can be granted by Bluestone Mortgages? By way of background I am a newly qualified lawyer in an apartment purchased a matter of months ago. My dream job offer requiring relocation to a different city permanently has come up. I am interested in obtaining consent to let in the first instance in order to renting the property out to cover the expense of the Bluestone Mortgages mortgage.
  • I'm one year into a two year fixed mortgage with Bluestone Mortgages. The LTV is just 40%. I've found a really good deal on a garden flat in Tower Hamlets which I don't want to miss. It seems the only way I can get this other property is to release most of the remaining equity. I would let the current property which would more than cover the mortgage with Bluestone Mortgages. Is it possible to obtain consent to let from Bluestone Mortgages and and then seek an equity release after it's let out?
  • I recently got married and my wife and I would like to buy a family home in the coming year, whilst keeping our maisonette in Waltham Forest we currently live in to rent out. Mortgage on the flat is with Bluestone Mortgages. I wish to avoid putting myself in a situation with two residential properties and then be refused consent to let.
  • Bluestone Mortgages domestic mortgage. Will they issue consent to let a property for 18 months? I reoccupy as a resident.
  • Will Bluestone Mortgages choose to exercise a right to change the rates on a standard mortgage where Consent to Let at any time, onto ‘rates equivalent to their BTL range'? Is it possible to remortgage on a consent to let with Bluestone Mortgages?
  • I recently bought a house using a Bluestone Mortgages home loan. However I am presently living with parents. I don't want to move in until for eight months due to personal reasons. In meantime can I lease out the property with consent to let?
  • Last month bought my flat and took out a mortgage with Bluestone Mortgages but my boyfriend has asked me to move in with him. Would I be granted consent to let?