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Need professional advice for your consent to let with Newbury Mortgage Services Ltd? 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: Newbury Mortgage Services consent to let

  • I have been letting out my flat with "consent to let" from Newbury Mortgage Services on a homeowner mortgage for the past three years. Newbury Mortgage Services have now advised that they are retracting their consent to let if we do not convert to one of their "buy to let" deals.

  • I have a mortgage with Newbury Mortgage Services. I wanted to buy a second house and my financial adviser advised me to apply for a consent to let. I was under the impression that they will only grant consent to let where it is my intention to reoccupy my current property. Your view would be appreciated?
  • I'm one year into a two year fixed mortgage with Newbury Mortgage Services. The LTV is only 35%. I've got what I think is a really good deal on a one bedroom apartment in Sutton which I don't want to miss. It appears that the only way I can get this other property is to release most of the remaining equity. I'm thinking of letting the current home which would more than cover the homeloan with Newbury Mortgage Services. Is it possible to obtain consent to let from Newbury Mortgage Services and ask for additional borrowing after it's rented?
  • In 2001 I was issued with consent by the local council and my mortgage provider Newbury Mortgage Services to convert a small barn into a granny annex, conditional on it not being sold separately from the main house. My parents passed away some years ago and I would now like to rent it out with consent to let from Newbury Mortgage Services. Do you think this will be possible?
  • My lender wont grant consent to let until I have a move in date confirmed with a tenant. How can I confirm this without consent to let? I can't be certain but I vaguely recall my friend had a similar issue with Newbury Mortgage Services.
  • I am considering relocating with work and would need to rent my property out. I have a mortgage with Newbury Mortgage Services. My property is worth approx £200k and owe £48k on it. Will Newbury Mortgage Services increase my interest rate?
  • Six weeks ago I bought my flat and took out a mortgage with Newbury Mortgage Services but my boyfriend has asked me to move in with him. Would I be allowed consent to let?
  • I have only recently completed my mortgage with Newbury Mortgage Services since when my boyfriend has proposed and we are deciding whether to live in his house or my property. Would I be granted consent to let if I were to move into his property