Need Help?

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.

Sample questions relating to Birmingham Midshires consent to let

  • Frank (my fiance) and I may need to rent out our Ealing home for a while due to me taking a sabbatical. This will be for a limited period but perhaps for 2 years. Do I inform Birmingham Midshires or do I keep schtum?

  • I obtained consent to let from Birmingham Midshires in 2013 but never used it and have since refinanced with another lender. I recently applied for consent to let. I was informed that it would be given since their requirements were met. I have now received a communication advising me that I must supply a letter from the DWP evidencing that that are aware of my current situation before they can issue authorisation. They said this is policy but I have not been able to find these T&Cs on their site. I did complain about the insinuation that I might intend to continue to claim help with interest from the DWP whilst receiving rental on the property. They apologised and offered to deposit £25 in my account . However i still am unable to locate this term and condition and i feel this is otherwise inappropriate I want to let my property as a way of releasing me from redress to social benefits not in order to discontinue claiming
  • I have a Birmingham Midshires mortgage with my twin and am looking to leave and get a new mortgage with my partner. How would I go about leasing out my room? Do I need consent to let by Birmingham Midshires? My twin will stay in the flat
  • The likelihood is that I will have the opportunity to work overseas in a couple of years. I am therefore thinking of scaling down to a newer apartment in Croydon which I could rent out with less difficulty when the time comes. The intention is to keep 50% equity in the new property which would be my home for a while. My existing lender will only give consent to let for 12 months. I anticipate renting it out longer term and not having consent could land me in a whole host of legal issues. B2L seems unnecessarily expensive given that I will be living there, perhaps for 2-3 years initially. What type of mortgage do I ask for, and from whom? Would, for example, Birmingham Midshires give consent to let for a longer period?
  • I am considering moving overseas for work and would like consent to let from Birmingham Midshires whilst I am away. Is the way forward to prepare a letter requesting consent to let and mail it to Birmingham Midshires? The point of renting the property isn't to make money but to keep the house in case things don't turn out as well as we hope
  • I wish to buy a new house but can't afford to sell my current flat with a Birmingham Midshires mortgage. Do you know the criteria for Birmingham Midshires to give consent to let? Is getting married and having kids a sufficient reason to seek consent?
  • Me and my partner have had my home loan with Birmingham Midshires since 2004 and always made payments If I asked for consent to let would I receive a positive response?
  • I have a mortgage with Birmingham Midshires taken 3 months ago where I moved from another lender. Am I now able to rent my property with consent to let from Birmingham Midshires as I am looking to purchase a further property.