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.

Masthaven Bank consent to let: Q and A’s

  • Exciting times as my partner and I are moving to Floridain Month, perhaps short-term but it could be longer term. I have contacted Masthaven Bank to obtain consent to let out my home in Masthaven Bank. The mortgage has been in place with Masthaven Bank for three years and there have been no arrears. Masthaven Bank inform me, that even if they consent to the letting, that this is a short term consent for a single year. And then what?

  • I am looking to get a consent to let from Masthaven Bank as my personal circumstances have changed. My stepdaughter started college and I concluded that we would move to the area and decided to purchase a house rather than rent for 3 years. Since purchasing the house there has been serious deterioration in my relationship with my my step daughter and she won't live in it. Since the whole point was for her and the house location isn't so ideal for my work I would like to move out and let the property
  • My plan is to let my garden flat out from mid June next year as I will be going for a few months. I have a residential mortgage with Masthaven Bank. I will not be letting for more than six months. Most likely it will be 4-5 months. I have been told to get permission from my freeholder first? Please can you suggest what I should be doing in what order?
  • My house had been tenanted for three years between 2009-2012 while employed overseas. I have a letter dated June 2010 from the mortgage company granting consent to let. In the letter it explicitly stipulates that the consent to let is valid for "the remaining term of the mortgage". I have not remortgaged since the letter was sent. I now plan to move house and rent out my existing house. However, my IFA has suggested that the 2010 consent to let letter may not satisfy the new lender Masthaven Bank for the property I wish to buy.Your view would be appreciated
  • Hello, what documents or paperwork would Masthaven Bank require for a consent to let letter?
  • If I am tied into a fixed rate with Masthaven Bank but am considering letting out my property, is there a cost for consent to let from Masthaven Bank and does the interest rate get uplifted?
  • My OH and I would like to obtain consent to let on a house where we have a mortgage with Masthaven Bank. If issued, how long would consent be given for? In asking for consent to let from Masthaven Bank are we running the risk of them forcing us to change deal to BTL
  • How likely is it that Masthaven Bank force me into a consent to let product while I'm in a fixed rate product for 2 years?