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

  • I have a Birmingham Midshires mortgage with my twin and am looking to vacate and get a new mortgage with my partner. How should I proceed with leasing out my room? Is consent to let necessary from Birmingham Midshires? My twin will remain in the flat
  • Your view would be appreciated as to whether consent to let from Birmingham Midshires is the right strategy for me. I purchased my house last July by porting an existing Birmingham Midshires mortgage product. My fixed rate ran out two months ago I'm currently considering moving in with a new partner. I would prefer not to sell my property yet as I'm unsure of whether the new move will work out. I just wanted an idea of whether a consent to let from Birmingham Midshires would be possible?
  • We are currently in Dubai and renting out our apartment in the UK. This is not something we planned but an opportunity came up and we took it. The rent received on the flat is insufficient to cover the mortgage so we send back funds each month to cover the shortfall. Earlier today our lender got in touch informing me that as the property is being let out and has been for nearly three years we will have to pay 1.5% interest on top of our current mortgage rate. One option is to sell the apartment but this will not be easy as I am on the other side of the world. Could we remortgage with Birmingham Midshires and get consent to let?
  • We would like to know what the criteria is for Birmingham Midshires for consent to let. I have heard different suggestions in relation to fees and rates. I need to relocate for work but I don't want to sell the house due to a depressed market.
  • Is there a maximum period that Birmingham Midshires is willing to issue Consent To Let for?
  • How likely is it that I can keep my existing residential mortgage with Birmingham Midshires if I start renting out? If the consent to let is given will they load the interest rate?
  • I would like some guidance on how best to approach my mortgage lender Birmingham Midshires regarding a 'Consent-to-Let' application. Is this a task you can offer guidance on ?
  • Just wanted to know how to get a consent to let from Birmingham Midshires with whom I have a mortgage with. There is a remaining balance of 87k. The value of property is 220k. Property is in my name but my wife and I would like to purchase a maisonette in Harrow we have seen together. How do we go about it?