Consent-to-let Help for Keystone Property Finance

Recently asked questions relating to Keystone Property Finance consent to lease

• My wife and I have a Keystone Property Finance mortgage and are are not in arrears, both employed etc. Can you tell me how much it will cost and if Keystone Property Finance are likely to give us consent to let without transferring to a new mortgage product?

• Finding myself in a catch 22 with a Consent to Let home loan. Reacting to my requisition for consent to let the lender has requested evidence of a signed tenancy agreement as a prerequisite to granting permission. If I get a signed tenancy agreement would I not be breaching the terms of my existing mortgage?

• My partner and I are looking to purchase a studio flat with ten per cent deposit with the intention of moving in. However in the next two years the in-laws have plans to live abroad If we were to go ahead with a residential mortgage with Keystone Property Finance would we likely encounter any difficulties with negotiating consent to let ?
• I have a current mortgage contract with Keystone Property Finance and wish to clarify if it would be possible to seek consent to let out our maisonette in Sutton.

  The purpose for needing to find tenants for the property are are due to: -

  • Me and my wife will be relocating to India in January.
  • In letting out the house this will facilitate savings to support the migration process.
  • There is little merit from a financial point of view to redeem the mortgage for a property which we are not living and by leasing out the property this would be viewed as continuing investment.

  If Keystone Property Finance granted permission to us for renting we would suggest some financial assurances to include: -

  • Maintain paying the monthly mortgage payment by direct debit.
  • Instruct an accredited letting agent who will provide a rent guarantee scheme as a further financial safeguard.
  • Supply our forwarding address for when we move.
• My fiance and I have a domestic mortgage with Keystone Property Finance and are deliberating on 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.
• I am interested in some advice on how best to approach my mortgage lender Keystone Property Finance regarding a 'Consent-to-Let' application. Is this something you can help with ?
• Does my LTV need to be at a certain level to allow me to apply for a consent to let from my mortgage provider Keystone Property Finance. Will any consideration be given to the fact that I only drew down on the mortgage two months ago?
• I would like to get consent to let from Keystone Property Finance for a couple of years at which point I hope to transfer to a BTL. Is this possible