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.

Sample questions relating to M&S Bank consent to let

  • Frank (my fiance) and I may need to let our Haringey home temporarily due to me taking a sabbatical. This will be short-term but perhaps for 6 years. Must I notify M&S Bank or am I best advised to remain silent?

  • I am in a difficult predicament with a Consent to Let home loan. Having sought consent to let my bank has requested evidence of a signed AST as a prerequisite to granting permission. Is is not the case that if I adhered to their request that I would be breaching the lender’s terms and conditions?

  • In the coming months I would like to move home and I am enquiring if I can get consent to let on my property then get a mortgage approval for the new house so I can effectively bid without being part of a chain and then rent my property out once I move. Will my lender M&S Bank grant consent to let for 12 months if they know I am wanting to purchase somewhere else or only if I am relocating temporarily for my job?
  • In 2001 I was given permission by the local council and my lender M&S Bank to convert a small barn into a granny annex, conditional on it not being sold separately from the main property. My parents died some years ago and I would now like to let it out with consent to let from M&S Bank. Do you think this will be possible?
  • Will M&S Bank want to know my reasons for applying for consent to let? Is it wise to inform them of my potential move abroad?
  • I would like to know if I have a normal mortgage with M&S Bank and decide to let it out, does the rate change and are there any associated fees for seeking consent to let.
  • I have fixed rate mortgage with M&S Bank. I may have to rent out my property due to necessity. If I apply for consent to let, will I have to pay significantly more interest?
  • Will M&S Bank grant consent to let my flat? I have an existing residential mortgage, never had arrears and have been with M&S Bank for a little under three years now. What fees am I likely to incur