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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.

Top Five Questions relating to Newbury Mortgage Services consent to lease

  • I rent out my property in Hounslow. I didn't seek consent to let. I moved to Surrey for work and couldn't do a commute but was worried that Newbury Mortgage Services would charge me through the nose so I decided to take the risk. I'm hoping to legitimise it now... basically continue leasing it but with consent. What are my next steps?
  • Next month I will be relocating to Dubai. Rather than sell my house, I would like to let it out, just in case things don’t pan out. My present mortgage is with Newbury Mortgage Services. If I applied for a remortgage would a new provider see this as me looking to avoid a Buy To Let mortgage, of which there is very restricted availability for 80% LTV, and hence reject my request for Consent to Let?
  • What is the process for obtaining consent to let from Newbury Mortgage Services? What information do they need? is there a fee to pay? Is consent generally limited in time and if so, for how long? Do I need to renew it annually? What if I obtain a consent but decide to sell the property rather than let out the property?
  • Me and my fiance may be presented with an opportunity to work in a different office in the UK for a couple of months and would like to know if we can let our current property. It is a 2 year fixed rate and we are six months into the mortgage with Newbury Mortgage Services. We have lived at the property for nearly four years. The LTV is 80%. What are the chances of obtaining consent to let from Newbury Mortgage Services? What can we expect in fees etc
  • We are looking for some preliminary insight re consent to let? We have a Newbury Mortgage Services mortgage and are thinking of renting the place out for a couple of years, but cannot really afford to switch to a buy to let mortgage. Is consent to let a viable option rather than to switching to a buy to let rate?
  • What are the circumstances under which Newbury Mortgage Services would turn down a request for consent to let?
  • I would like some guidance on how best to approach my mortgage company Newbury Mortgage Services regarding a 'Consent-to-Let' application. Is this something you can help with ?
  • Will I need consent to let from Newbury Mortgage Services if I am planning to reside in the house myself for half of the year? Furthermore if I gain consent to let for a period of time, say up to two years, what happens after that.