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Need professional advice for your consent to let with Mortgage Agency Services? 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: Mortgage Agency Services consent to let

  • Always on the look out for a money making scheme I am contemplating leasing out my home and make money from it while I am on holiday. It’s only for four weeks. Do I need consent to let from Mortgage Agency Services?

  • Current apartment valued at £250k. Mortgage Agency Services mortgage owing £18k with 5 years to run. Seek consent to let via Mortgage Agency Services for current flat and utilise income to pay off what is left of the loan. Take out 70 per cent Mortgage Agency Services loan on new flat that becomes my primary address? Any reason not to do this?
  • I am a landlord and currently completing eviction orders on a tenant who had not paid his rent in 3 months. The relevant proceedings have been issued. The tenant's defense for non payment is premised on the assertion that I do not have consent to let my garden flat from my provider Mortgage Agency Services
  • We are currently in Melbourne and renting out our property in the UK. This was unplanned but an opportunity presented itself and we took it. The rental income is insufficient to cover the mortgage so we transfer money each month to cover the difference. Anyway this morning I got a letter in the post from our lender informing me that because the property is being let out and has been for almost four years we will have to pay 1.5% interest in addition to our current mortgage rate. We could sell up but this will be far from easy as I am on the other side of the world. Would it be possible to remortgage with Mortgage Agency Services and get consent to let?
  • Is it possible that Mortgage Agency Services would have archive records as to whether consent to let was granted for a specific property?
  • We have tenants ready to move in and I have mortgage offer from Mortgage Agency Services on new house on condition of consent to let for original house. How long should it take to receive letter once I send back a completed application with cheque.
  • Do you have the address to which a Consent to Let request to be sent for Mortgage Agency Services? Sorry about bothering you with this query.
  • What, if any, income criteria do Mortgage Agency Services set for consent to let on an existing homeowner mortgage?