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

Questions and Answers: Molo Finance Buy to Let consent to let

  • I have a consent to let from my existing lender which is about to come to an end. Since I took this out to travel and start a family. My part time salary is not sufficient just now to pay the mortgage on my own. I have been told I can't extend my consent to let and if I continue renting out I will be in breach of the terms of my mortgage conditions. Due to affordability I it is likely that I will be refused to transfer to a BTL product. One option I am thinking about is remortgaging to Molo Finance Buy to Let. Are they likely to issue consent to let from day one?
  • I am in possession of a mortgage offer from Molo Finance Buy to Let, but we have hit a snag. My husband works in a boarding school, whereby we are provided with a residence as part of his employment. We wish to purchase a maisonette with a view to joining the property ladder, and rent it out while we're based at the school. I had thought Molo Finance Buy to Let would grant consent to let from day one of the mortgage. It appears that we may be refused consent to let. Can you give me any advice?
  • I rented my house out for three years from 2009-2012 while working abroad. I have a letter dated January 2010 from my 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 refinanced since the letter was sent. I now plan to move house and rent out my existing house. However, my mortgage advisor has suggested that the 2010 consent to let letter may not be acceptable to the new lender Molo Finance Buy to Let for the house I intend to purchase.Can this be right
  • Meeting with my broker on next week. I will apply for Consent to Let from my current lender Molo Finance Buy to Let. My new property in Barnet will be 90% loan to value. Heard whispers that some lenders dont want consent to let borrowers and I may have issues regarding my new mortgage. Am I likely to encounter this problem?
  • I am deliberating on renting my apartment will Molo Finance Buy to Let invoice me for a consent to let letter?
  • My existing mortgage is with Molo Finance Buy to Let, but I am going to move out for approximately 12 months as we need to be nearer to my partner's parents. Will Molo Finance Buy to Let issue consent to let?
  • I'm wanting to know how to go about getting consent to let from Molo Finance Buy to Let and what fees are involved. Recently I have moved in with my partner and have a family member wanting to let out the property.
  • Me and my partner am looking into the option of renting out my house with consent to let from Molo Finance Buy to Let whist away travelling for six months