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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.

Top Five Questions relating to Fleet Mortgages consent to lease

  • Is consent to let needed from Fleet Mortgages or can I rent out my basement flat without telling Fleet Mortgages and having to switch to a buy-to-let loan?

  • I need to switch my domestic mortgage with Fleet Mortgages to a consent to let and looking for some help... I bought my first property in Hendon in 2011. After a new job opportunity I moved to Edinburgh, and a few months ago got a residential joint-mortgage with my boyfriend. I am inclined to keep with Fleet Mortgages and seek consent to let rather than attempt to apply for a new mortgage elsewhere, but if Fleet Mortgages refuse what lenders should I approach.
  • I currently have a mortgage offer with Fleet Mortgages. I anticipate that I will get keys in the next few weeks, however it looks as though I may be moved overseas for work. How feasible is it for me to get consent to let from Fleet Mortgages shortly after drawing down on the mortgage. Are there any other options open to me?
  • I am looking for some precautionary feedback to consider if consent to let is a viable option. I completed the purchase of my flat nine months ago by transferring an existing Fleet Mortgages mortgage product. My fixed rate expired four months ago. I'm currently deliberating moving in with a new partner who has his own property and mortgage also with Fleet Mortgages, which I would not seek to be added to. I don't wish to sell my property yet because I'm unsure of whether the new move will work out. I don't want to change to a B2L mortgage yet for 2 reasons: 1) I need to find out whether letting my property is a viable option for myself and 2) I need to raise extra capital to satisfy the 65% LTV ratio required for a buy to let mortgage. Ideally I would like to receive consent to let from Fleet Mortgages for a couple of years in order to be more secure in becoming a possible landlord and to generate the capital. If at the end of the consent to let period I was unsure I would probably either sell my property or, depending on the new relationship working out, resume living there.
  • My partner and I are planning to ask Fleet Mortgages for consent to let out our home in Southwark. We are relocating overseas for three years and need to let it out. I failed to look into this when we got the Fleet Mortgages mortgage, and that was purely because we never thought an opportunity like this would come up so was planning on occupying the house.
  • Would a previous extension to a mortgage term with Fleet Mortgages work against us once we applied to Fleet Mortgages for consent to let.
  • I would like to know if I have a residential mortgage with Fleet Mortgages and decide to lease it out, does the rate get loaded and are there any supplemental charges for applying for consent to let.
  • I recently bought a property with 10% deposit for personal uses. A mortgage was taken with Fleet Mortgages. However my circumstances have now changed. I am being transferred abroad. Am I able to get consent to let from Fleet Mortgages and put the property up to let?