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.

Common questions relating to The Mortgage Lender consent to lease

  • I've got an existing mortgage with The Mortgage Lender approaching twenty four months and the fixed rate is soon to be renegotiated. We are looking at releasing equity from our current address to allow us to acquire a new larger home and then rent out the current two bedroom ground floor purpose built flat. We have had initial advice that we ought to get a new residential mortgage with a consent to let - can you clarify what is involved?
  • How likely are The Mortgage Lender in issuing me with Consent To Let on a ground floor flat? It is currently on the market and it has been for three months. I need to sell but I'm concerned that given the lack of interest I will need to let out the property in order to cover the monthly payments to The Mortgage Lender (I no longer live at the address). My preference is to be up front with The Mortgage Lender than keep them in the dark but I am concerned as to how understanding they will be.
  • Our existing property in Havering has probably about £95K equity with a home loan with The Mortgage Lender. It's a decent family house in a popular area and it should rent easily. We are probably moving for my husband's work and were thinking of keeping this house on as a rental property - would we need to change the mortgage to a B2L product or should we apply for consent to let from The Mortgage Lender?
  • I have a two year fixed rate mortgage with The Mortgage Lender which began in November. I will be moving out in August and have people ready to rent my property. I need to get a letter from The Mortgage Lender granting consent to let until my term is up to allow me time to move onto a BTL. How do I go about this?
  • My husband and I are planning to ask The Mortgage Lender for consent to let out our property in Harrow. We are relocating overseas for 3 years and need to rent out the property. I didn't look into this when we took the The Mortgage Lender mortgage, and that was due to the fact that we never anticipated an opportunity would arise such as this so was planning on occupying the property.
  • How easy is it to get a consent to let from The Mortgage Lender and what does it cost? If I want to let out my property for a couple of months how easy is it to fluctuate between a standard mortgage and consent to let?
  • I don't currently have consent to let by The Mortgage Lender but I would like to change to one, An opportunity has arisen which might involve me working away for eighteen months. But want to keep my house for when I come back - can you assist?
  • I am looking at an offer to work overseas and have been advised that I need to let The Mortgage Lender know so my mortgage is under consent to let? Please could you clarify the best way deal with this?