Need Help?

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.

Top Five Questions relating to New Street Mortgages consent to lease

  • Will New Street Mortgages exercise a right to change the rates on a residential mortgage that has just been approved for Consent to Let at any time, onto ‘rates akin to their BTL products'?

  • A friend of mine suggested that this winter I rent out my cottage and generate some income while I am on vacation. It’s only for a couple of weeks. Will consent to let be needed from New Street Mortgages?

  • May I ask if it is possible to get a consent to let with non-commercial mortgage with New Street Mortgages? We are intending to relocate to Redbridge to be nearer to our kid’s college, but we are not yet sure if the move will be beyond eighteen months.
  • My fiance and I have a residential mortgage with New Street Mortgages. I have been offered a home as part of my job and wish to lease out my existing house. The financial advisor has informed me it is a formality. Are you able to provide me with some information please?
  • We have a fixed rate mortgage with New Street Mortgages and are considering obtaining consent to let so that we can apply for another mortgage on another property that I own on a buy to let basis. Before we apply I would like to know the implications of making the change and any facts that we need to consider.
  • New Street Mortgages - consent to let potential. Are you able to advise on the process with this lender? Do they have a minimum period prior to changing and is it possible that I would be required to make a cash injection to reduce the LTV?
  • I wish to apply for consent to let from my lender New Street Mortgages to let out my house. This is due to me relocating. Can you tell me whether New Street Mortgages give consent to let in these circumstances?
  • I would like to rent out my flat for three years max. I would like to know if I could have a consent to let from my current mortgage lender New Street Mortgages?