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

MTF (LE) Consent to Lease Example Support Desk Enquires

  • I have a colleague who is considering leasing their property out and moving in with partner. The property is in Haringey and has a £95k mortgage with MTF (LE). What would she need to do to get consent to let if she decides to proceed.
  • I am looking to emigrate to Moscow . As opposed to sell up, I would prefer to let my current property out, just in case things don’t work out and I decide to come back in a couple of years. The current mortgage is with MTF (LE). Would I be able to remortgage with another mortgage company on a much lower interest rate then apply for Consent to Let once the re mortgage has completed?
  • I am buying a garden flat in Barnet. I am only looking to be there for a year, and subsequently move into a bigger property. As opposed to disposing of the first flat I'd like to rent it out so that it form part of my investment portfolio. Do you know if MTF (LE) would issue consent to let after half a year?
  • My flat has a mortgage against it with MTF (LE) and I have been letting out my apartment without consent to let, making me in contravention of my mortgage conditions. I think that they have sussed that I am not residing there. What negotiating options do I have if I fail to sell it before they become aware I have breached my Ts and C’s?
  • I would like to rent out my property. Do I just post a letter to MTF (LE) asking for consent to let out the house?
  • I am hoping to fix my homeowner mortgage with MTF (LE) but due to work related issues I may have to live abroad for a couple of years. Will MTF (LE) allow and give consent to let and there be any penalty
  • I could potentially need consent to let from MTF (LE) in the future with work. I am just checking what the options would be if this was the case. Is there a limit on how long one can let out a property with consent?
  • Are you aware if there is usually a maximum LTV before MTF (LE) will give consent to let?