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Need professional advice for your consent to let with Market Harborough Building Society? 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 Market Harborough Building Society consent to lease

  • I have a residential mortgage approaching reissuing with Market Harborough Building Society. The house has been tenanted for a couple of years and I think I need to come clean toMarket Harborough Building Society. I understand that I can ask for a consent to let, but bearing in mind that the property has already been rented out could they deny - insist I go onto a BTL rate or even apply a penalty? There is excellent equity - 30% LTV and have never missed any payments.
  • My boyfriend and I (joint owner) are in the process of switching our mortgage to Market Harborough Building Society. I was conducting some research concerning consent to let from Market Harborough Building Society to understand the rules around potentially leasing our existing apartment out (probably in a year or 2) if we moved away. The property in question was a first-time purchase for us about two years ago. We are living there at the moment.
  • We are intent on purchasing a property, renting two of the rooms out to help cover the mortgage with Market Harborough Building Society, and then moving on in two or three years - at which point the property would be fully tenanted. How likely is it that Market Harborough Building Society would look at this unfavourably as I will have been given a normal homeloan as opposed to a B2L or consent to let? I've read that the worst case scenario is that they can repossess the property, is this right?
  • My wife and I are looking to let our ground floor flat out. We have put an offer on another property for us to purchase and a tenant at the ready to move into ours. I believe I have to ask our lender Market Harborough Building Society for consent to let. I wonder if there is a standard consent to let request letter I can use?
  • We are one year into a three year normal mortgage with Market Harborough Building Society. Just curious if it's ok to rent out the flat on my existing mortgage. Will Market Harborough Building Society grant consent to let?
  • My circumstances have changed, and I would like to lease my home out - meaning consent to let- I have approx £175K loan with Market Harborough Building Society and currently 85k equity I need to side-step the early repayment fees.
  • My daughter has a mortgage with Market Harborough Building Society and she wants to lease her apartment out as she moving in with her boyfriend.Will she be granted consent to let? What is the process and charges involved?
  • I currently have a residential mortgage with Market Harborough Building Society and plan on letting due to work being based in London. In seeking consent to let from Market Harborough Building Society do I run the risk of them forcing me to change deal to buy to let