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

Birmingham Midshires consent to let: Q and A’s

  • Can you clarify if consent to let obligatory from Birmingham Midshires or can I rent out my garden flat without telling Birmingham Midshires and being forced to transfer to a buy-to-let mortgage?

  • I'm presently tied into a rental contract until June and am buying a flat. Would my lender Birmingham Midshires object to granting consent to let until my tenancy finishes and then moving in?
  • I applied for consent but I did not get it as I did a remortgage in June but Woolwich does not give consent if mortgage is less than 6 months old. Now I am worried when 6 months is gone are they going to find some additional criteria that will not be ok. On the other hand I can remortgage with Birmingham Midshires but will they give me consent straight away?
  • I understand that this is a contravention of Birmingham Midshires terms and conditions of mortgage if I rent out my flat having indicated that I intend to live there. The aim is to repay the mortgage after five years, by which time the property will be unencumbered, meaning I no longer require any consent to let. Birmingham Midshires advised me I can overpay as little as I like during the agreement. I know someone who is interested in renting the property. What are the chances of Birmingham Midshires discovering that I am not residing at the address? Can you set out consequences of not seeking consent to let? From what I have read there is a possibility of Birmingham Midshires levying a fine
  • My wife and I are having to move to Australia for eighteen months for my job but I don't want to switch the mortgage to BTL as I want to reoccupy it when I return. Do you know if Birmingham Midshires charges additional interest? Is there any work around?
  • I have Birmingham Midshires mortgage and am considering letting the property. I am lead to believe that I would require consent to let to do this...is that true ?
  • Please can you set out the process for getting a consent to let by Birmingham Midshires? Is there certain policies like you must reside in the property for a year before its granted?
  • 13 months into mortgage with Birmingham Midshires due to work reasons need to relocate. Is it possible to get buy to let or consent to let.