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.

Common questions relating to New Life Mortgages consent to lease

  • Under what situations will consent to let for a property be given by New Life Mortgages? For what period of time do you have to have had owned the property before consent to let can be obtained from New Life Mortgages? By way of background I am a newly qualified lawyer in a house purchased five months ago. The ideal job opportunity requiring moving to a different city permanently has arisen. I would be looking at procuring consent to let initially to be able to renting the property out to cover the expense of the New Life Mortgages mortgage.
  • I spoke to a IFA friend last week. He said that were I to decide to move abroad with my job for a period then I should not apply for consent to let from my lender (New Life Mortgages) until at least two weeks before I plan to lease out my house. Does that mean I have to find a tenant first and then obtain a consent to let?
  • Just contacting you on behalf of a colleague who has a mortgage with New Life Mortgages. He wanted to find out if there is a charge for granting consent to let? He has been offered a job abroad and wants to rent out his flat in the interim.
  • My wife and I reside in a property where there exists some spare bedrooms. We are deliberating the prospect of running an holiday rental style operation to let rooms out on a check-in and check-out arrangement. Is this kind of thing permitted under New Life Mortgages’s consent to let protocol?
  • Are you able to help? I am just wondering if New Life Mortgages offer consent to let as an option if I decided to rent out my property under a homeowner mortgage. Is there a specific rule for right to buy property and consent to let?
  • We have a mortgage with New Life Mortgages at present and just enquiring if there any costs for obtaining consent to let
  • My New Life Mortgages mortgage is coming up for renewal. We would like to apply for a new fixed rate mortgage and then apply for a consent-to-let. Is this possible? We don't use the house much now that our kids are growing up, and would be better used as a rental.
  • I have had my mortgage with New Life Mortgages for the previous eighteen months and I am at present just wanting some insight as to whether gaining a consent to let is likely.