Need Help?

Need professional advice for your consent to let with Masthaven Bank? There are various implications when it comes to letting out your property with an existing residential mortgage - you should seek professional assistance.

Examples of recent questions relating to Masthaven Bank consent to let

  • I was thinking of renting out my home and make money from it during my holiday. It only a short term option for a month. Do I need consent to let from Masthaven Bank?

  • I've got an existing homeloan with Masthaven Bank approaching 2 years and the fixed rate is soon to expire. We are looking at taking equity from our present home to allow us to buy a more substantial home and then rent out the existing one bedroom apartment. We were originally informed that we should get a new domestic mortgage with a consent to let - can you explain what this is?
  • What information do Masthaven Bank require to have to make a decision on consent to let. I have a 2 year fix with them. I have a good track record of mortgage payments over several years. I am looking at moving to Havering due to the family getting bigger. My financial situation has not deteriorated and in fact my salary has increased by 20% since I took the mortgage out.
  • I have been renting out my flat to students for three years but not on a BTL mortgage because I thought that you only needed a BTL if you had more than one property. In trying to buy a further property, I found that I should have obtained consent to let at the outset from my mortgage provider Masthaven Bank. I'm wondering whether I can now seek consent to let from Masthaven Bank?
  • Do you know if I can keep my existing homeowner mortgage with Masthaven Bank if I start renting out? If the consent to let is granted will they load the interest rate?
  • Just wanted to know what needs to be provided to Masthaven Bank in order to get consent to let? I just finished a three year fixed mortgage and possibly moving to another property with my boyfriend.
  • Assuming that I was successful in obtaining consent to let from Masthaven Bank, can I sell during the consent period? Is it possible that I would incur any charges?
  • I might potentially need consent to let from Masthaven Bank in the future with work. I am just checking what the options would be if this was the case. Is there a limit on the length one can let out your property with consent?