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

Questions and Answers: New Street Mortgages consent to let

  • Have any of your clients had experience applying for Consent to Letfor12 months from New Street Mortgages or if you know how such permission is obtained.

  • I acquired a house in 2012 for 155,000 with New Street Mortgages. My husbands career requires that we move to Qatar and appreciate that I have to apply for consent to let from New Street Mortgages. Will they give permission?

  • My flat has a mortgage against it with New Street Mortgages and I have been renting the property omitting to get consent to let, making me in breach of my mortgage terms and condition. I think that they have sussed that I am not living there. Is my only option is to dispose of the apartment before repossession?
  • Our existing property in Newham has probably about £80K equity with a home loan with New Street Mortgages. It's a nice family house in a popular location and I think it would rent easily. We are probably moving for my partner’s work and were considering holding onto the house on as a rental property - should we be swapping the mortgage to a buy to let product or should we apply for consent to let by New Street Mortgages?
  • Do I need consent to let if I rent to a family member (in my case my brother now lives there and contributes towards the New Street Mortgages mortgage)?
  • Do you have the address to which a Consent to Let request to be sent for New Street Mortgages? Sorry about bothering you with this query.
  • I would like to lease out my apartment to be closer to my son’s college and look after of my father. Do I need consent to let from my lender New Street Mortgages?
  • What happens if a borrower has already leased out the property for some years as an HMO and now wish to go legit with New Street Mortgages by obtaining consent to let ? (assume New Street Mortgages had previously issued a residential mortgage in the past)