Need Help?

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.

Common questions relating to The Mortgage Business consent to lease

  • I acquired a flat in 2011 for 175,500 with The Mortgage Business. My husband’s job requires him to relocate to Belgium and appreciate that I have to apply for consent to let from The Mortgage Business. Do you have any experience of consent to lease from The Mortgage Business?

  • I have a homeowner mortgage over my property in loc and intend to move to country for two years. During this time frame it would be ideal if I could lease out my house. My mortgage provider refuses to issue a consent to let. I wish to avoid taking out a buy to let mortgage as it’s only a short term option that I am abroad for.

  • I'm planning to remortgage my one bedroom apartment, currently let out under consent to let from The Mortgage Business, onto a BTL rate as we will not be moving back into it now since we have our family home. So, I'm assuming I need a specialist financial adviser for this and I am not really au fait with what my options are. Are you able to offer any advice on an efficient broker service specialising in BTL?
  • We took a home loan out on a one bedroom apartment last July however I will be working outside of commuting distance of Brent in the medium term but hope to find work closer in the long term. Given that I recently acquired the property I will lose money if I sell and do plan to return to Brent so would like to keep it. How likely are The Mortgage Business to allow a consent to let and what is the procedure ?
  • Can I remortgage to The Mortgage Business from my current provider, with a consent to let or do I need a let to buy loan, and if so what are the LTV's?
  • I plan to buy a new home but can't afford to sell the existing apartment with a The Mortgage Business mortgage. Do you know the criteria for The Mortgage Business to issue consent to let? Is getting married and having children a sufficient reason to seek consent?
  • I could potentially need consent to let from The Mortgage Business in the future with work. I am just looking to see what the options would be if this was the case. Are there any time restrictions on how long one can let out your property with consent?
  • Me and my husband spoken to someone at The Mortgage Business about changing our current mortgage to consent to let (the current two year fix expires in summer next year). Can I just confirm that I need to formally put the request in writing explaining our change in circumstance to The Mortgage Business? Where do I need to send the letter to?