Need Help?

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

Frequently asked questions relating to Kensington Mortgage consent to lease

  • I have a residential mortgage approaching renewal with Kensington Mortgage. The property has been sub-let for a few years and I think I need to come clean toKensington Mortgage. My understanding is that I should seek consent to let, but since the property has previously been rented out could they refuse - determine that I go onto a BTL rate or even fine me? I have over 25% equity in the house - and the rent will more than cover the mortgage.
  • Resulting from a redundancy my partner and I are looking to move away from Harrow and our apartment, potentially to a job in Sweden but that means we will want to let the property but don't want the penalty fee of existing Kensington Mortgage mortgage which will be exorbitant.Can Kensington Mortgage refuse to grant us consent to let?
  • Me and my husband are in a complex mortgage situation in the last couple of month. We have to let our apartment with consent to let and move to a different location to be nearer to our daughter’s college. We are about to rent a home. We are finding it very difficult to find a better mortgage deal for our consent to let home. Is there is a list available as to which lenders grant consent to let and what their conditions are?
  • We took a loan out on a maisonette in October however I will be working outside of commuting distance of Croydon for the foreseeable future but hope to find work closer in the long term. Given I have not had property long I will lose money if I sell and do hope to return to Croydon so would like to keep it. How difficult is it to get consent to let from Kensington Mortgage and what is the procedure ?
  • We are looking for some initial insight re consent to let? We have a mortgage with Kensington Mortgage and are considering renting the place out for a couple of years, but cannot really afford to switch to a buy to let rate. The estate agent mentioned something about a content to let
  • I have a mortgage with Kensington Mortgage on a three year fixed rate. I could have chance of a teaching position overseas next summer. Am I eligible for consent to let via Kensington Mortgage were I to accept this opportunity abroad?
  • My wife and I have a standard variable rate mortgage with Kensington Mortgage and are considering obtaining consent to let so that we can apply for another mortgage on another property that I own on a buy to let basis. Before we apply it would be helpful to know the consequences of making the change and any facts that we need to be aware of.
  • Will Kensington Mortgage choose to exercise a right to change the rates on a homeowner mortgage where Consent to Let at any time, onto ‘rates equivalent to their Buy to Let range'? Can one refinance on a consent to let with Kensington Mortgage?