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.

Recently asked questions relating to Newbury Mortgage Services consent to lease

  • Is consent to lease required from Newbury Mortgage Services or can I lease out my basement flat without telling Newbury Mortgage Services and having to convert to a buy-to-let mortgage?

  • Doing everything by the book I’ve been leasing out my house with "consent to let" from Newbury Mortgage Services on a residential mortgage for the last three years. Newbury Mortgage Services have now advised that they are withdrawing their consent to let if we do not switch to one of their "buy to let" mortgages.

  • I wish to move house. The query I have is whether consent to let will be granted on my house for me to subsequently get a loan offer for the new house so I can effectively bid chain free and then let my property out when I move. Will Newbury Mortgage Services give consent to let for a year? Assuming the rental goes well can the consent to let period be prolonged further?
  • I have just been presented with a once in a lifetime career opportunity for eight months in New York. I do have sufficient cash reserves to meet the monthly Newbury Mortgage Services mortgage however the buildings insurance stipulates continuous residency in order not to be invalidated. Last winter the roof had some leaks that were repaired. If there happened to be any problems in the winter months I would struggle to cover the remedial works. Would I be eligible for consent to let from Newbury Mortgage Services for a limited period?
  • I would like to understand the requirements that Newbury Mortgage Services set for consent to let? Can you help?
  • I am trying to find out Newbury Mortgage Services fees for conversion to consent to let from a fixed rate residential mortgage?
  • Do you know if I can keep my existing residential mortgage with Newbury Mortgage Services if I start renting out? If the consent to let is given will they tie me into an increased rate?
  • My wife and I may want to lease our home temporarily due to a new job. This will be for a limited period but perhaps for threeyears. Should I tell Newbury Mortgage Services or do I keep quiet?