Need Help?

Need professional advice for your consent to let with M&S Bank? 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 M&S Bank consent to lease

  • My fiance and I may need to let our Newham home for a while due to a new job. This will be for a limited period but perhaps for seven years. Must I notify M&S Bank or do I not rock the boat?

  • I have a residential mortgage over my home in loc and am due to relocate to country for three years. During this period it would be ideal if I could rent out my apartment. My mortgage provider is withholding consent to let. It’s hardly ideal to move to a buy to let loan as it’s only for a short period that I am going away for.

  • In what situations will consent to let for a property be granted via M&S Bank? For what period of time do you have to have had the mortgage before consent to let can be negotiated with M&S Bank? In order to give you some history:We were living in a very small apartment which is too small for us, my husband is also unwell and we are far away from family who could provide a bit of relief, in the form of babysitting. I would be looking at applying for consent to let in the first instance with a view to renting the property out to offset the costs of the M&S Bank mortgage.
  • My brother and I are joint proprietors of a flat in Haringey with a M&S Bank mortgage. I want to move on and buy a house with my fiancee. How do I deal with leasing out my room? Do I need consent to let by M&S Bank. My brother will stay in the apartment
  • My wife and I purchased a place in Hendon with M&S Bank and am moving to rent a property in Somerset due to work. Is consent to let from M&S Bankpossible? I am only looking to rent out the flat for half a year before selling.
  • As of today I have a mortgage with M&S Bank. I am thinking about renting and buying another property but this is all alien to me. What is the procedure for consent to let?
  • I am looking at some alternative lifestyle. I have a M&S Bank mortgage, if I become a US resident but wish to rent my UK house, do I need to get consent to let from M&S Bank to do this ?
  • Please can you inform me how much the fees are and if M&S Bank typically grant consent to let without switching to a commercial rate?