Need Help?

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.

Frequently asked questions relating to ModaMortgages consent to lease

  • I currently have a mortgage offer with ModaMortgages. With any luck I will get keys in the next few weeks, however I may potentially be moved overseas for work. How likely is it for me to get consent to let from ModaMortgages shortly after completing. Are there any other options open to me?
  • Much to my surprise I have been offered an excellent job opportunity for 6 months overseas. I have enough money to meet the monthly ModaMortgages mortgage however the buildings insurance requires continuous residency in order not to be invalidated. Last December the roof suffered storm damage but was repaired. Should there be any problems in the winter months I would find it hard to cover the remedial works. How likely is it that I will get consent to let by ModaMortgages for a limited period?
  • Is it possible to switch a homeowner mortgage with ModaMortgages to a consent to let. It will be less than 70% ltv and it would alter from repayment to interest only?
  • I own a home that's presently under shared ownership (My share is 60%) and I bought it in July 2014. I plan to go through the full purchase of the house. My partner and I have also got a second house that we are looking to purchase. Mortgage in principle has been issued by ModaMortgages. I want to know that I will be able to put the existing house through consent to let as soon as the remainder share has been purchased so, that we can start the process of purchasing the new house
  • My fiance and I are trying to figure out which lenders are best for granting consent-to-let without hiking up rates, and hopefully allowing in excess of two years where necessary. Is that something you can assist me with? We are particularly interested in ModaMortgages
  • I was just wondering if ModaMortgages were picky when giving out consent to let. I sent my request on date and I am waiting to hear back. Should I start chasing or wait for a bit longer?
  • I may be looking to rent out my property and wondered what I would need to do to get consent to let by ModaMortgages. There is a possibility that I might be emigrating permanently.
  • I might potentially need consent to let from ModaMortgages in the future with work. I am just checking what the options would be if this was the case. Is there a limit on how long one can let out your property with consent?