Need Help?

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.

Newbury Mortgage Services consent to let: Q and A’s

  • I have a 2 bed leasehold flat with a Newbury Mortgage Services mortgage and have a lodger sharing with me. I am about to relocate to Merton and will look for a property to rent. My lodger doesn't want to move out so is willing to pay a higher rent. Do I have to apply for consent to let via Newbury Mortgage Services?
  • We are currently in Hong Kong and renting out our apartment in Westminster. This was unplanned but an opportunity came up and we took it. The rent achieved on the property is insufficient to cover the mortgage so we send back funds each month to make up the difference. Last week our lender got in touch informing me that because the property is being let out and has been for nearly three years we will have to pay 1.5% interest on top of our current mortgage rate. One option would be to sell the apartment but this will be far from easy as I am so far away. Would it be possible to remortgage with Newbury Mortgage Services and get consent to let?
  • My mortgage with Newbury Mortgage Services has been in place for just under six months but I recently found out I will soon be made redundant. I would appreciate some tips on getting consent to let by Newbury Mortgage Services
  • Just wondering if Newbury Mortgage Services perform any checks when seeking a residential mortgage, I'm ideally looking to let the property out and am in two minds as to whether I should apply for consent to let. How likely are they to find out if I rent the house out?
  • I previously took a mortgage with Newbury Mortgage Services, but I am going to need to get consent to let for about a year as my partner is unwell and is struggling to balance work with the hectic environment we are living in. We want to take a break for a year (by living near her parents and getting their help) in a greener less hectic part of Bristol.
  • I am looking for some generic information on consent to let with Newbury Mortgage Services: I am moving to Paris as part of a promotion. Potentially for many years. However I will be on a 3 month test period .I would like to know the criteria for consent to let from Newbury Mortgage Services and any costs involved
  • We are trying to find out which mortgage providers are best for allowing consent-to-let without raising rates, and hopefully allowing in excess of two years where required. Is that something you can help with? We are particularly interested in Newbury Mortgage Services
  • My mortgage is presently with Newbury Mortgage Services and am debating whether to sell or rent in the short term but don't have the equity for a buy to let mortgage at this time. How feasible are consent to let options currently?