Need Help?

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

Metro Bank consent to let: Q and A’s

  • We purchased a garden apartment in 209 for 305,000 with Metro Bank. My husbands career requires that we move to Cyprus and now wish to apply for consent to let from Metro Bank. Will they give consent?

  • I have a mortgage with Metro Bank. I wish to purchase a second house and my mortgage broker advised me to seek consent to let. I had formerly led to believe they would only grant consent to let if I have the intention to move back into my current property. Am I getting the correct information?
  • We intend to lease out our flat in Tower Hamlets which is on a homeowner mortgage with Metro Bank . Clearly I will ask for a consent to let. Assuming there is a charge for the consent to let can this amount also be claimed as a deductible expense on my self assessment form to the tax authority?
  • My mortgage with Metro Bank has been in place for just over six months but I discovered this morning that I will soon be made redundant. I would appreciate some help applying for consent to let from Metro Bank
  • I'm about to change lender to Metro Bank for a fixed rate but during this period would need to rent the apartment out for about one year. Do Metro Bank consent to let on fixed rate mortgages and if so, what are the procedures.
  • Can I remortgage to Metro Bank from my existing lender, with a consent to let or do I need a let to buy mortgage, and if so what are the LTV's?
  • I have a standard mortgage with Metro Bank - 55% equity or thereabouts. I am considering relocating for another job and was enquiring if Metro Bank are flexible in changing the mortgage to allow for consent to let?
  • Metro Bank - consent to let potential. Can you advise on the process with this lender? Do they have a minimum period prior to changing to this and a minimum LTV?