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Need professional advice for your consent to let with Precise Mortgages 2026? There are various implications when it comes to letting out your property with an existing residential mortgage - you should seek professional assistance.

Frequently asked questions relating to Precise consent to lease

  • Good morning, I have consent to let my house with Precise and am now looking to give my tenant 2 months notice as I wish to sell the property. I am concerned about the property being empty once the tenant goes and finding a purchaser. I have never defaulted on the account, is it likely that I would be able to take payment holidays until I complete the sale?
  • What is the maximum period of time allowable to Precise that I would be able to let my property without having to transfer the mortgage or sell my house? In short, my partner would like me to move in with him and I really want to hold onto my house. I would like the fallback of knowing I still own my own home.
  • My wife and I are looking to rent our garden flat out. We have put an offer on another property for us to buy and have a tenant to move into ours. I assume I have to ask our mortgage provider Precise for consent to let. I wonder if there is a standard consent to let request letter I can copy?
  • Is it correct that lenders (I have a mortgage with Precise) may start taking a more lenient approach towards consent to let? A mortgage adviser suggested that Buy to let mortgages are not regulated by the FCA whereas residential mortgages are. Therefore if I move from a standard to a Buy to let I am moving to a regulated product. His belief was that under the current regulation banks are wary of letting customers do this, which is likely why some banks will let borrowers obtain consent to let but not move to a BTL product. Is he right?
  • I'm gathering some information on whether consent to let is something available to me? We have a mortgage with Precise and are considering leasing the place out for a couple of years, but cannot really afford to change to a buy to let mortgage. Is consent to let a viable option rather than to switching to a buy to let rate?
  • We want to move home and have found a house we wish to purchase so are considering renting out with consent to let from Precise for our current property to enable us to make an offer and not miss out on the potential new house.
  • Is there a set or maximum term how long I could let my home out to a family member with consent to let from Precise. I no longer want to live in the area and want to buy a new home?
  • My wife and I would like to rent out my house to be closer to my daughter's college and take care of my mother. How long will the consent to let take to get from Precise? a month?