Need Help?

Need professional advice for your consent to let with New Life Mortgages Ltd? 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 New Life Mortgages consent to let

  • I have been asked by my proposed tenants for a letter by way of my ‘consent to let’ from New Life Mortgages, my mortgage lender. Is this normal?

  • I've got an existing homeloan with New Life Mortgages approaching twenty four months and the fixed rate is soon to come to an end. We are contemplating extracting equity from our current residence to allow us to acquire a more substantial house and then rent out the current maisonette. We were originally informed that we ought to get a new residential mortgage allowing for consent to let - can you clarify what is involved?
  • My flat has a mortgage against it with New Life Mortgages and I have been letting out the property omitting to get consent to let, which I am now led to believe means I am in breach of my mortgage conditions. I think I have come onto their radar that I am not living there. Is my only option is to dispose of the apartment before repossession?
  • I have a self contained flat attached to my house that my dad is planning to move out from. As the main house is large I was considering moving into the annex and let the remainder out. This is also due to change in my personal situation. Would I require consent to let from New Life Mortgages?
  • What is the process for getting a consent to let application form from New Life Mortgages and how quickly can I get the consent?
  • I have a residential mortgage with New Life Mortgages - about 55% equity. I am considering relocating for another job and was enquiring if New Life Mortgages are flexible in changing the mortgage to allow for consent to let?
  • Where I have an existing residential mortgage with New Life Mortgages and am planning to rent it out in the future will I be given consent to let? What is the process and what needs to be done next?
  • I may be looking to lease out my property and wondered what I would need to do to negotiate consent to let from New Life Mortgages. There is a possibility that I might be emigrating permanently.