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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

  • Is consent to let needed from Precise Mortgages or can I rent out my new house without telling Precise Mortgages and being forced to convert to a B2L mortgage?

  • Me and my OH and I may need to lease our home out for a while due to a career opportunity. This will be for a limited period we would possibly like a consent to let our property. We presently have a Precise Mortgages mortgage. What are the fees involved and time limits on consent to let agreements?
  • My girlfriend and I (co-owners) are thinking of remortgaging with Precise Mortgages. I was doing some research concerning consent to let from Precise Mortgages to understand the rules around potentially renting our current property out (probably in a in a couple of years time) if we moved away. The apartment in question was a first-time purchase for us about two years ago. We are living there at the moment.
  • I am in the Royal Air Force and intending to purchase a house with a Precise Mortgages mortgage. I would like to be given consent to let the house to my mother and father in law. In the future I would reside in the property with my wife and kids when I leave the Royal Air Force. Is this possible?
  • Can I remortgage to Precise Mortgages from my existing lender, with a consent to let or do I need a let to buy loan, and if so what are the LTV's?
  • I have tenants ready to move in and I have mortgage offer from Precise Mortgages on new house on condition of consent to let for original house. How long should it take to receive letter once I send back a completed application with cheque.
  • Assuming that I was successful in obtaining consent to let from Precise Mortgages, can I sell during the consent period? Is it possible that I would incur any charges?
  • Do you know whether there a time limit on a consent to let from Precise Mortgages? and do you need to get a new mortgage first or a general residential mortgage can just be changed to a consent to let after application?