Need Help?

Need professional advice for your consent to let with LendInvest? 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 LendInvest consent to lease

  • I plan to get in touch with LendInvest to obtain consent to let out my home in LendInvest. However I currently have the property for sale but there is no interest and forking out for a full mortgage, council tax and insurance on vacant house is draining me financially. What position would LendInvest take if I market the property?

  • What are the chances of LendInvest in issuing me with Consent To Let on a ground floor flat? Agents have had it on the market for six weeks. I am keen to sell but I'm anxious that given the lack of interest I will have to get a tenant in to cover the monthly payments to LendInvest (I no longer live there). I would prefer to be open with LendInvest than not tell them but I am concerned as to how helpful they will be.
  • I have just been presented with an excellent job opportunity for 6 months overseas. I do have sufficient money to pay the monthly LendInvest mortgage yet the block insurance stipulates continuous residency in order to remain valid. Last winter the roof was damaged but repaired. If there happened to be any problems in the winter months I would find it hard to afford remedial works. How likely is it that I will get consent to let by LendInvest for a limited period?
  • For a couple of years now I have had a mortgage with my wife on our property which is up for renewal 21st August. I am having to relocate to Brighton for my Job in this summer. What are the chances of being able to transfer for a consent to let mortgage with LendInvest?
  • What is the longest period that LendInvest is willing to grant me the Consent To Let for?
  • Should I decide to apply for consent to let from LendInvest please can I know the time scale LendInvest would take to make a decision?
  • Can I remortgage to LendInvest from my current lender, with a consent to let or do I need a let to buy loan, and if so what are the LTV's?
  • I hope to buy a new house but can't afford to sell the existing property with a LendInvest mortgage. Do you know acceptable terms for LendInvest to give consent to let? Is getting married and having children an acceptable reason to make the request?