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.

Sample questions relating to Newbury Mortgage Services consent to let

  • For the last few months I have been letting out my flat in Hounslow. I didn't get consent to let. I moved to Aldershot for work relocation purposes 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 looking to do the right thing now... basically continue leasing it but with consent. What are my next steps?
  • In what circumstances will consent to let for a property be issued by Newbury Mortgage Services? How long do you have to have had owned the property before consent to let can be obtained from Newbury Mortgage Services? By way of background we are moving abroad for a year and a half with my husband's business and will need to rent our house. I am interested in obtaining consent to let initially to be able to renting the property out to cover the expense of the Newbury Mortgage Services mortgage.
  • Good morning, I have consent to let my house with Newbury Mortgage Services and am about to give my tenant 2 months notice as I wish to sell the property. I am worried about the property being empty when the tenant goes and finding a buyer. Not once have I defaulted on the account, would it be possible to take payment breaks pending the sale of the property?
  • Is it possible that lenders (my home loan is with Newbury Mortgage Services) may start taking a more accommodating approach towards consent to let? A broker suggested that BTL mortgages are not regulated by the FCA whereas residential mortgages are. So if I transfer from a homeowner to a Buy to let I am moving to a regulated product. He said that under the current regulation lenders are wary of letting customers do this, which is likely why some banks will allow customers obtain consent to let but not swap to a BTL mortgage. Is this an accurate assessment?
  • My circumstances have changed, and I would like to let my place out - meaning consent to let- I have approx £200K loan with Newbury Mortgage Services and currently 85k equity I need to side-step the early repayment fees.
  • I don't currently have consent to let from Newbury Mortgage Services but I would like to change to one, An opportunity has arisen which might involve me working away for two years. But want to keep my home for my return - are you able to help?
  • My wife and I want to let our house out and use the rental income to pay rent on a house in Redbridge. What are the chances of being given consent to let by Newbury Mortgage Services without being forced into a new rate.
  • I was just wondering how to obtain consent to let from Newbury Mortgage I phone them or apply formally in writing to them?