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.

Examples of recent questions relating to Precise Mortgages consent to let

  • Me and my husband have a Precise Mortgages mortgage and are are up to date with payments, in gainful employment etc. Can you tell me how much the fees are and if Precise Mortgages are likely to give us consent to let without transferring to a commercial rate?

  • I have a shared ownership property in Ealing and will be looking to buy out the rest of the property. However, in the future I may be working in Canada for a short period of time so would like to know what approach Precise Mortgages take to consent to let as I am considering a remortgage with them. I am by no means sure that they will lend on my property but as an aside can you provide further detail on their consent to let criteria?
  • Last year my husband and I purchased our council house, in London,recently valued at £220k. It's completely paid for from our own funds, and we never had a mortgage. We are prohibited from selling (without repaying back a significant amount of the discount) before five years have passed. Regardless, we would like to keep it as a investment property to rent out. We wish to release some equity via a Precise Mortgages mortgage. If Precise Mortgages refuse are there lenders that might be amenable and grant consent to let?
  • Can you explain "consent to let" to me? I live in a 1 bed flat and its in good condition. It is on the market and I can't find a buyer. This is probably due to an longstanding feud with the guy next door. I had no choice but to put this on the disclosure sheet. Mortgage is with Precise Mortgages on a fixed rate. It has been suggested to me that I should seek consent to let via Precise Mortgages and rent the flat for a couple of years.
  • Will Precise Mortgages want to know why I am applying for consent to let? Should I inform them of my possible relocation abroad?
  • Do I need to wait for consent to let to be given on my prevailing residential mortgage with Precise Mortgages before applying for a resi mortgage on a second property?
  • We took out a mortgage with Precise Mortgages a few months ago and although it's only a possibility we may have to relocate around next September or October and would like to be able to rent our apartment out. Is this possible with a non-commercial mortgage?
  • I was just wondering how to obtain consent to let from Precise Mortgages...do I call them or apply formally in writing to them?