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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

  • Do I need consent to let from ModaMortgages or can I lease out my new house without telling ModaMortgages and having to switch to a B2L mortgage?

  • Are any options available to me if my application for consent to let is turned down by ModaMortgages?

  • Please explain "consent to let" to me? I live in a studio apartment and its in good condition. It has been on with agents for two months and I can't find a buyer. This is because my neighbour is a drunk and assaulted me last year. I have had to mention it on the disclosure sheet. I am with ModaMortgages on a standard variable rate. It has been suggested to me that I should get consent to let from ModaMortgages and rent the property to tenants.
  • I was just seeking guidance on whether I will be allowed to change a residential mortgage with ModaMortgages to a consent to let. It will be less than 55% loan to value and it would alter from capital and interest repayment to interest only?
  • I took a residential mortgage with ModaMortgages and my circumstances have changed due to family, can I obtain consent to let. What changes will affect me?
  • Will I need consent to let from ModaMortgages if I am planning to occupy the apartment myself for half of the year? Also if I gain consent to let for a limited time, say up to two years, what happens thereafter.
  • I need to contact ModaMortgages to enquire about renting out our home. Do they send an application to me. Can I not download this from the site?
  • I am looking at taking a job abroad and have been advised that I need to let ModaMortgages know so my mortgage is under consent to let? Please could you clarify the best way deal with this?