Need Help?

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

The Mortgage Lender consent to let: Q and A’s

  • My wife and I have a The Mortgage Lender mortgage and are are not in arrears, both employed etc. Do you know how much it will cost and if The Mortgage Lender usually grant consent to let without porting the loan to a commercial rate?

  • I have leased out my maisonette in Newham for the past two years, and I didn't realise that I had to get consent to let. I would like rectify the situation. Would this be an issue?
  • Is it possible? I have a The Mortgage Lender mortgage on my house (with a large chunk of equity). We are planning to move out of Manchester and if at all possible want to let our house with consent to let from The Mortgage Lender and use the income from that to help get approval for a second mortgage for a house to live in. What is the best way to fund a second mortgage without selling my old property and using the equity as a deposit for the new property. Is there anyway I can change my old mortgage to a buy to let mortgages or obtain consent to let and take on a second mortgage without having a deposit to put down.
  • We are in need of a bigger house so our children don't have to bunk together. We are thinking about buying another house in the near future. The house is worth £155,00 and we have about £70k left to pay on the The Mortgage Lender mortgage. We would prefer to keep this house if possible and lease it out with consent to let. Can you have a mortgage on two properties at the same time or do we need to fully pay off our current mortgage first?
  • My husband and I have a The Mortgage Lender mortgage currently and may want to let it out for a short period of time with consent from The Mortgage Lender for (two years). How long does it take to obtain consent to let?
  • How much of my mortgage allowance will be made available to borrow if I convert my mortgage to a consent to let with The Mortgage Lender?
  • We are about to change mortgage provider to The Mortgage Lender for a fixed rate but the likelihood is that I would need to rent the apartment out for just under 12 months. Do The Mortgage Lender consent to let on fixed rate home loans and if so, what are the procedures.
  • I currently have a residential mortgage with The Mortgage Lender and plan on letting due to work being based in Bristol. In asking for consent to let from The Mortgage Lender do I run the risk of them forcing me to change deal to B2L