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

ModaMortgages Consent to Lease Example Support Desk Enquires

  • The plan is to move in with my partner and I have let my property out to 2 tenants on a one year AST. The application for consent to let from ModaMortgages is in hand but what if they decline. I can’t rescind on my contract in terms of backing out of renting the students as the paperwork is finalised. On the flip-side ModaMortgages could take action for contravention of contract i.e. renting it out without consent to let.
  • I vacated my apartment about 4 months ago but didn't get around to get a consent to let letter, partly because the mortgage fix rate period is ending in six weeks and I am considering refinancing in any event. I want to ask for consent now, is that going to open up a Pandora’s box?
  • I rented my apartment a year ago and didn't tell ModaMortgages. I have a five year residential mortgage (large amount of equity in it, never defaulted) and want to let ModaMortgages know and get consent to let for the remaining 24 months of my mortgage . I am unsure how to go about this.
  • I have a one bedroom apartment in Tower Hamlets which I bought seven years ago and which I have since remortgaged with ModaMortgages on a fixed rate which ends next April. If I want to rent out the property whilst I go travelling what do I need to do and is there a time limit? Are there any other consequences when applying for consent to let?
  • My husband and I own a property in Hendon with ModaMortgages and am moving to rent a property in Somerset due to work. Is consent to let from ModaMortgagesavailable? I am only looking to let out the flat for half a year before selling.
  • My two year fixed rate with ModaMortgages is due to run out next month I will go on to the current variable rate. I would like to know if consent to let from ModaMortgages is likely, if there are fees, and if there are time limits?
  • My personal situation has changed, and I would like to let my home out - meaning consent to let- I have approx £140K loan with ModaMortgages and currently 100k equity I need to side-step the redemption penalties.
  • My wife and I may have to lease our home temporarily due to a new job. This will be for a limited period but no more than threeyears. Should I tell ModaMortgages or do I keep my head down?