Need Help?

Need professional advice for your consent to let with Precise Mortgages (Charter Court Financial 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 Precise Mortgages consent to lease

  • My husband and I were intending to buy a ground floor flat with ten per cent down payment with the aim of living there. However in the next two years the in-laws plan to move abroad Should we proceed with a residential mortgage with Precise Mortgages would we likely encounter any difficulties with negotiating consent to let ?
  • I have my ground floor flat in Merton on the market but despite a couple of viewings there is a lack of interest so far. As a fall back position I am considering letting out the property if it doesn't sell. I dont foresee a problem getting consent to let from the freeholder. My mortgage adviser has told me that in such a scenario I may be obliged to switch to a B2L mortgage yet the chances are that I don't have enough equity needed. What's my exposure if I if hypothetically I was to just keep the existing Precise Mortgages mortgage and rent out the flat without telling them As long as the mortgage is being paid in full and on time, why would they care or check?
  • Me and my OH and I may need to rent out our home for a while due to a career opportunity. As we will be away for no more than twelve months would we need a consent to let our home. We already have a Precise Mortgages mortgage. Is there any criteria for consent to let that the property or individual has to meet?
  • The likelihood is that I will have the opportunity to work abroad in a couple of years. I am therefore possibly downsizing to a newbuild apartment in Barnet which I could rent out more easily as and when required. The intention is to keep 50% equity in the new apartment which would be my home for a while. My current lender will only grant consent to let for 12 months. I expect to be renting it out longer term and not having consent could land me in a whole host of legal issues. B2L seems unnecessarily expensive when I will be living there, perhaps for 2-3 years initially. What type of mortgage should I be seeking, and from whom? Do lenders such as Precise Mortgages provide consent to let for a longer period?
  • Last month I got married and I am in the process of buying out 100% of my co-ownership mortgage with my wife. As a result we have now been given a 90% loan to value on our house. We want to buy a larger home. Will it be possible to get a consent to let on my new mortgage with Precise Mortgages to allow us to get a mortgage also with Precise Mortgages for a new home?
  • The prevailing mortgage is with Precise Mortgages, but I am going to move out for approximately a year as we need to be nearer to my partner's father. Will Precise Mortgages grant consent to let?
  • I am just finding out some information at this stage. My boyfriend has asked me to move in with him and I have been trying to sell the flat but have had no luck whatsoever despite several decreases in price. So now I want to know what I would need to do to get consent to let from Precise Mortgages
  • Do Precise Mortgages grant consent to let? I am just considering this in order to move home in the coming months