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

  • Just wondered if New Street Mortgages choose to operate a right to increase interest rates on a residential mortgage where the lender has granted Consent to Let at any time, onto ‘rates in line with their Buy to Let products'?

  • Is it possible to remortgage on a consent to let with New Street Mortgages?

  • I have a New Street Mortgages mortgage on an apartment I own, in Harrow. This year, resulting from a change in my circumstances I decided to let out this flat, and rent a house in a different area within same loc. The state of affairs that altered is that I started living with my partner, and the flat is too small for our needs. I do not wish to sell the flat because the current market value is significantly lower than when I acquired the property in 2007. I wrote to New Street Mortgages for a consent to let which was refused as they considered that my intention was to invest in the flat. The whole process was very confusing. The matter is urgentas there is a prospective tenant waiting for this consent to let and may pull out.Many thanks
  • I have a property that's presently under shared ownership (My share is 60%) and I bought it in July 2014. I am currently going through the full purchase of the house. My partner and I have also got a further house that we are looking to purchase. Mortgage in principle has been approved by New Street Mortgages. I want to know that I will be able to put the existing house through consent to let as soon as the remainder share has been purchased so, that we can start the process of purchasing the new property
  • When it comes to consent to let from New Street Mortgages am I obliged to update them each time we get a new tenant and forward them a duplicate of the lease?
  • I will have to move to NYC for two years, I have a property with a New Street Mortgages mortgage. Do I need to ask consent to let? Will they be accommodating?
  • New Street Mortgages homeowner mortgage. Will they grant consent to let a house for 18 months? I plan to return as a resident.
  • My fiance and I are endeavouring to find out which lenders are best for allowing consent-to-let without raising rates, and hopefully permitting in excess of 2 years where necessary. Is that something you can assist me with? We are particularly interested in New Street Mortgages