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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 Lease Example Support Desk Enquires

  • Two years ago I was granted consent to let from my current mortgage provider which is about to expire. Since I took this out to travel and start a family. My part time salary is not sufficient just now to cover the mortgage by myself. I have been told I can't extend my consent to let and if I continue renting out I will be in breach of the terms of my mortgage conditions. As a result of my low income I don't think the buy to let will be approved. One option I am thinking about is remortgaging to Bluestone Mortgages. Are they likely to grant consent to let from commencement of the mortgage?
  • I will shortly be relocating to Hong Kong. Rather than sell my house, I would like to let it out, just in case things don’t pan out. My existing mortgage is with Bluestone Mortgages. If I applied for a remortgage would a new provider view this as me trying to dodge a Buy To Let mortgage, of which there is very limited availability for 80% LTV, and hence turn down my application for Consent to Let?
  • Your view would be appreciated as to whether consent to let from Bluestone Mortgages is the right option. I purchased my house last June by porting an existing Bluestone Mortgages mortgage product. My fixed term expired five months ago I'm thinking about moving in with a new partner. I would prefer not to sell my house yet as I'm unsure of whether the new move will prove successful. Would it be likely that Bluestone Mortgages would grant a consent to let based on me letting out my property on a an AST for 1-2 years and then I will commit to a B2L product or sell it?
  • I currently have a mortgage with Bluestone Mortgages and the loan to value is presently 60% with the Bluestone Mortgages current book value and I'm looking to purchase a further property but do not want to sell my existing property at the current market value. I have had CTL from an alternative mortgage provider on a previous property so know a bit about them and I also have buy to let with Scottish Widows on another property. Does the expected rental income on a consent to let with Bluestone Mortgages need to be over and above the mortgage repayments? I have a fixed rate which I tied into a fixed rate and left the term at 19 years so it was paid off as early as possible, obviously this leaves with quite a high monthly repayment.
  • Will Bluestone Mortgages want to know my reasons for seeking consent to let? Should I inform them of my possible relocation abroad?
  • I have a mortgage with Bluestone Mortgages on a two year fixed rate. I could have chance of a teaching position overseas next July. Would I qualify for consent to let via Bluestone Mortgages were I to accept this job overseas?
  • I am after further information concerning consent to let mortgages, potentially switching our current mortgage with Bluestone Mortgages across to a consent to let one.
  • My wife and I have a granny flat attached to our property. Do we need consent to let this from Bluestone Mortgages? If so, what is the process if I wish to transfer the mortgage to consent to let?