Need Help?

Need professional advice for your consent to let with Precise Mortgages? There are various implications when it comes to letting out your property with an existing residential mortgage - you should seek professional assistance.

Questions and Answers: Precise Mortgages consent to let

  • I have recently sought consent to let from Precise Mortgages, but wondered if they set any requirements on the level of rental yield?
  • I found tenants for my property in the summer and didn't tell Precise Mortgages. I have a three year domestic mortgage (significant equity in it, no arrears) and want to let Precise Mortgages know and get consent to let for the final 24 months of my mortgage . I am unsure how to go about this.
  • My gf and I might have to lease out her flat, and I have a query concerning obtaining permission to do so. I know I need to inform Precise Mortgages and get a consent to let or change to a BTL mortgage. But the property is leasehold, so do we need consent to let from the residents association?
  • My wife and I intend to let our current property out shortly after we move. I will apply for consent to let from Precise Mortgages. The apartment is currently in my name but I am a top rate tax payer. Is it best to do a Transfer of Equity to her or should we do a Declaration of Trust?
  • I am interested in understanding the Precise Mortgages consent to let process and conditions for granting.
  • I would like to know if I have a normal mortgage with Precise Mortgages and decide to let it out, does the rate get loaded and are there any supplemental fees for seeking consent to let.
  • I am looking to get consent to let with my Precise Mortgages residential mortgage. It is a mid terraced house. Will Precise Mortgages grant consent on this basis? Or would it be regarded as an HMO?
  • Will Precise Mortgages issue consent to let my flat? I have an existing homeowner mortgage, never been in arrears and have been with Precise Mortgages for approximately three years now. What fees am I likely to face