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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.

Top Five Questions relating to New Life Mortgages consent to lease

  • Is consent to let needed from New Life Mortgages or can I lease out my new house without telling New Life Mortgages and being forced to convert to a B2L mortgage?

  • Next month I will be emigrating to Denmark. Rather than sell my house, I would like to lease it out, just in case things don’t go as expected. My existing mortgage is with New Life Mortgages. If I looked to refinance would a new lender see this as me looking to avoid a Buy To Let mortgage, of which there is very limited availability for 80% LTV, and therefore reject my application for Consent to Let?
  • I obtained consent to let from New Life Mortgages 3 yrs ago but never used it and have since refinanced with a new mortgage provider. I recently asked for consent to let. I was informed that it would be forthcoming since their requirements were met. I have now received a letter advising me that I must provide evidence from the DWP indicating that that are aware of my current situation before they can issue consent. They said this is policy but I have not been able to find these T&Cs on their site. I did complain about the insinuation that I might intend to continue to claim help with interest from the DWP whilst receiving rental on the property. They apologised and offered to deposit £35 in my account . However i still am unable to locate this term and condition and i feel this is otherwise inappropriate I want to let my property as a way of releasing me from redress to social benefits not in order to discontinue claiming
  • My gf and I might have to lease out her apartment, and I have a query regarding obtaining consent to do so. I know I need to notify New Life Mortgages and get a consent to let or move to a BTL product. But the property is leasehold, so do we need consent to let from the freehold company?
  • My partner and I are 12 months into a three year first time buyer mortgage with New Life Mortgages. Just wondering if it's ok to lease out the property on my existing mortgage. Will New Life Mortgages give consent to let?
  • I was just looking into consent to let as it's something potentially I require from New Life Mortgages inside the next year. Our family circumstances has changed, and I would like to let my home out
  • We have a fixed rate mortgage with New Life Mortgages and are deliberating on obtaining consent to let so that we can apply for a further mortgage on another property that I own on a buy to let basis. Before we apply I would like to know the consequences of making the change and any facts that we need to consider.
  • We need to contact New Life Mortgages to enquire about letting out our property. Do they send a form to me. Is there a form I can download?