Consent-to-let Help for Kensington Mortgage Company Ltd

Kensington Mortgage consent to let: Q and A’s

• We acquired a garden apartment in 209 for 175,500 with Kensington Mortgage. I got married to someone in the forces so moved in to married quarters in Belgium and now wish to obtain consent to let from Kensington Mortgage. Will they give consent?

• I have a two bedroom second floor purpose built flat in Croydon let out which has a 62 year lease. Mortgage adviser said I should refinance (currently with Kensington Mortgage) as a buy to let rather than consent to let and release 65-70k which on top of a new mortgage based on my income would give me a budget of £210k. Limited available in Hounslow for me to buy my own property. A lease extension will be in region of 21k. Should I keep or sell the flat?
• What is the maximum period of time permitted by Kensington Mortgage that I would be able to let my property without being required to change mortgage or sell my property? In essence, my partner has asked me to move in with him and I really want to hold onto my house. I would like the fallback of knowing I still have my own property.
• The likelihood is that I will have the opportunity to work abroad in a couple of years. I am therefore thinking of scaling down to a newbuild property in Harrow which I could rent out more easily 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 mortgage co limits consent to let for 12 months. I anticipate renting it out longer term and not having consent could land me in a whole heap of trouble. B2L seems wrong given that I will be living there, perhaps for 2-3 years initially. What type of mortgage should I be seeking, and from which lender? Do lenders such as Kensington Mortgage grant consent to let for more than a year?
• If we ask for a consent to let letter by Kensington Mortgage will we be made to switch to buy to let mortgage? We are with Kensington Mortgage and as properties are not currently selling and we have seen one we like we were considering letting our home out in order to buy the new and sell this one when the local market improves.
• Kensington Mortgage. Will they grant consent to let a house for 18 months? I plan to return as an owner.
• Can I get an interest only mortgage with consent to let when my current Kensington Mortgage deal runs out December 17?
• I currently have my mortgage with Kensington Mortgage and have been for the previous twenty months and I am at present just wanting clarification as to whether gaining a consent to let is likely.