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

Top Five Questions relating to Mortgage Express (No 2) consent to lease

  • I'm about to apply to Mortgage Express (No 2) for consent to let out my property in Mortgage Express (No 2). However I currently have the property for sale but there is no interest and forking out for a full mortgage, council tax and insurance on unoccupied house is hurting financially. What position would Mortgage Express (No 2) take if I have the house on the market?

  • I have a flat in Wandsworth with a Mortgage Express (No 2) mortgage but I no longer live there. My brother moved in but is there rent free. I currently live in rented accommodation and am looking to buy a house. I have identified a great property at an attractive price. I have enough of a deposit to use on the house I am interested in but would find it difficult to pay enough off the old property to switch it to a BTL loan simultaneously. Can I transfer the current Mortgage Express (No 2) mortgage for my old property into a consent to let and use my savings to pay a larger deposit for the homeowner mortgage on the property that I want to buy?
  • We are currently in Dubai and letting out our flat in Barnet. This was unplanned but an opportunity presented itself and we took it. The rent achieved on the property is not enough to cover the mortgage so we send back money each month to make up the shortfall. Anyway this morning I got a letter in the post from our lender telling me that as the property is being let out and has been for almost four years we will have to pay 1.5% interest on top of 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. Could we remortgage with Mortgage Express (No 2) and get consent to let?
  • At the moment I am looking to buy my first home however, working as a freelancer. I want to chose a mortgage company that allows short term letting with a homeowner mortgage so that I could lease out the property temporarily with long periods of absence without being required to switch to a buy to let product. Are you able to advise me on how lenders would view this and in particular the stance taken by Mortgage Express (No 2).
  • How much is it to get a consent to let from Mortgage Express (No 2) on my residential property. Last week I moved in with my husband and have a family member wanting to let out the property.
  • I am looking to place my house on rent due to work commitments and was wondering if this is possible to get consent to let. It is on a fixed rate mortgage with Mortgage Express (No 2) at the moment until 2017 December
  • Mortgage Express (No 2) - consent to let potential. Do you have experience of the process with this lender? Do they have a minimum period prior to changing and is it possible that I would be required to make a cash injection to reduce the LTV?
  • Ten months into homeloan with Mortgage Express (No 2) due to job offer.. need to relocate. Do you think I can get buy to let or consent to let.