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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.

Questions and Answers: Masthaven Bank consent to let

  • I acquired a garden flat last year with a Masthaven Bank home loan but now wish to put my flat up for rent. I want to move into a house as our family is growing now and a 1 bedroom apartment is too small for us any longer - plus if I rent it out I can build up some savings. Do I need consent to let byMasthaven Bank?
  • I am with Masthaven Bank and just had to apply for consent to let, but it would be useful to know if they impose any conditions on the level of rental yield?
  • I am planning to apply for consent to let from my existing mortgage provider Masthaven Bank. A friend of mine said that she was given ‘consent to let’ confirmation from a different lender where it stipulated that the tenancy granted must be in the form of an assured shorthold tenancy. Can you explain what this is?
  • I am on a two year fixed rate mortgage with Masthaven Bank which began in November. I will be moving out in March and have students ready to lease my property. I need to get a letter from Masthaven Bank granting consent to let until my term is up to allow me to start a new mortgage. How do I go about this?
  • Do you specifically deal with enquiries regarding Masthaven Bank or all of them?
  • Six months ago I bought a apartment using a Masthaven Bank mortgage. However I am currently living with mother and father. I don't want to move in until August 2017 due to personal issues. In meantime can I rent out the property with consent to let?
  • We've spoken to someone at Masthaven Bank about switching our existing homeloan to consent to let (the existing fixed rate comes to an end in september 2016). Can I just confirm that I need to send a letter setting out our change in circumstance to Masthaven Bank? Where do I need to post it to?
  • Not sure if you can help What do we need to do to get consent to let from Masthaven Bank? And how much equity is needed?