Need Help?

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

Examples of recent questions relating to Fleet Mortgages consent to let

  • I have a normal mortgage over my property in loc with the intention of relocating abroad to country for three years. During this time it makes financial sense to let out my flat. My mortgage provider refuses to issue a consent to let. It’s hardly ideal to move to a buy to let mortgage as it’s only for a limited time-frame that I am abroad for.

  • Are you able to give me some advice on the consent to let process. I am thinking about taking a Fleet Mortgages mortgage on a £350,000 property later this year. The aim would be to hold the house as a second home but I need to consider what options are open to me to let the property in the future. If our circumstances were to change the house would either be sold or rented.
  • We have an existing mortgage with Fleet Mortgages and need clarify if it would be possible to gain consent to let out our studio flat in Croydon.

    The reasons(s) for needing to find tenants for the property are are due to: -

    • My family and I will be migrating to Hong Kong next spring.
    • By renting out the property this will facilitate savings to assist with the migration process.
    • It would be pointless from a monetary point of view to pay outright for a property which we are no longer residing in and by letting out the place this would be viewed as an ongoing investment.

    If Fleet Mortgages agreed that we are able to proceed with renting we would suggest some financial assurances to include: -

    • Maintain paying the monthly mortgage payment by direct debit.
    • Use an approved letting agent who will provide a rent guarantee scheme as a further financial protection.
    • Provide our forwarding address for when we emigrate.
  • Meeting with my broker on tomorrow. I am going to apply for Consent to Let from my current lender Fleet Mortgages. My new property in Islington will be 90% LTV. I have been told by a friend that some lenders still dont accept consent to let borrowers and I may have issues regarding my new mortgage. Is there any truth in this?
  • My wife and I would like to move home and have found a property we wish to purchase so are considering renting out with consent to let from Fleet Mortgages for our current property to allow us to place an offer and not miss out on the potential new property.
  • I are thinking about applying to Fleet Mortgages to obtain consent to let our home, how long does it take from the point of submitting the application to us finding a letting agent and listing our house for rent? and are there any further steps we will need to take?
  • Three months ago I acquired a house with a Fleet Mortgages mortgage. However I am currently living with mother and father. I don't want to move in until for six months due to some family issues. In interim can I lease out the property with consent to let?
  • I am fixing my residential mortgage with Fleet Mortgages but as a result of my job I will probably have to live abroad for a couple of years. Will Fleet Mortgages allow and grant consent to let and will any penalties be applied in such circumstances