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Need professional advice for your consent to let with The Mortgage Business? 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: The Mortgage Business consent to let

  • I am looking to move and let out my three bedroom ground floor purpose built flat in Lewisham. Having bought it in summer 2009 and currently on a high ltv there is little equity in it. My mortgage is with The Mortgage Business. Do you know where The Mortgage Business stand when it comes to consent to let?
  • We may be given an opportunity to work in a different office in the UK for a few months and would like to know if we can rent our current apartment. It is a 2 year fixed rate and we are six months into the mortgage with The Mortgage Business. We have lived at the property for nearly five years. The LTV is 65%. Are we likely to get consent to let from The Mortgage Business? What charges can we expect to pay etc
  • I am unable to locate the form to download "consent to let" on the The Mortgage Business website. Could you please email me a link to do it? Many thanks.
  • I am expecting to apply for consent to let from my existing mortgage provider The Mortgage Business. A friend of mine said that he was granted ‘consent to let’ confirmation from a different lender where conditions attached to the consent referred to an AST. Can you explain what this is?
  • There is a chance of me going to Hong Kong for a year with work. Planning on taking the husband with me and hoping to rent our Redbridge property in the meantime on a short term basis to make matters more cost effective. I was just enquiring whether The Mortgage Business currently allows consent to let
  • I currently have a residential mortgage with The Mortgage Business and plan on letting due to work being based in Bristol. In seeking consent to let from The Mortgage Business do I run the risk of them forcing me to change deal to buy to let
  • Do you know whether there a time limit on a consent to let from The Mortgage Business? 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?
  • What happens if a borrower has already rented out the property for some years as an HMO and now want to legalise the situation with The Mortgage Business by getting consent to let ? (work on the basis that The Mortgage Business had in the past granted a homeowner mortgage previously)