Need Help?

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

Sample questions relating to MPowered Mortgages consent to let

  • Can a new mortgage be taken on a consent to let with MPowered Mortgages?

  • I acknowledge that I have been extremely reckless in not informing MPowered Mortgages that I’m letting my property out. Ideally I would like to do the right thing with as little adverse implication as possible. If MPowered Mortgages says yes, is there any way of them figuring out that I’ve already been renting it without consent?
  • Me and my wife purchased a property in 2006 with the help of a housing association, I own half through bank loan and rent the other half. In early 2012 I purchased a new home. I rented out my first property and moved to the new property. I obtained consent to let from my lender and I believed I had consent to let from the housing association. Last week I had a phone call from the housing association advising they had nothing on record indicating I had obtained permission to sublet. What do I do now?
  • I have a first time buyer mortgage on a three bed flat in Hackney but have rented it out without letting MPowered Mortgages know this. I now need a consent to let letter. How can I get one?
  • My existing mortgage is with MPowered Mortgages, but I have to get consent to let for approximately 12 months as my partner is unwell and is struggling to balance work with the hectic environment we are living in. We want to take time off for a year (by living near her mother and stepfather and getting support) in a greener less intense suburb of Manchester.
  • My MPowered Mortgages mortgage fixed rate expires in June and have to move with work then. Will I be able to both refinance and get consent to let?
  • Do you know if I can retain my current domestic mortgage with MPowered Mortgages if I start renting out? If the consent to let is issued will they load the interest rate?
  • MPowered Mortgages - consent to let potential. Are you able to advise on the process with this lender? Do they have a minimum period prior to changing to this and a minimum LTV?