Need Help?

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

Recently asked questions relating to The Mortgage Works consent to lease

  • Twelve months ago my mortgage lender (not The Mortgage Works) gave me with consent to let. This was subject to a provision that every half year they would levy a charge of 0.5% of the remaining mortgage amount. Having the first couple of payments they have omitted to make the charge in recent months. This may be no more than a simple error but I am nervous that it would also mean I no longer have Consent to Let.
  • I have a The Mortgage Works mortgage and have been letting out my apartment omitting to get consent to let, making me in breach of my mortgage terms and condition. I suspect that they have found out that I am not living there. What negotiating options do I have if I fail to sell it in time before they are on notice that I am in contravention of my conditions?
  • I have a mortgage with The Mortgage Works however my husband and I will be emigrating to South Africa in January. The mortgage is in my name yet it is my husband's job that is taking us abroad how do I answer the question: 'please indicate why you wish to let the property':
  • My partner and I are looking to rent out our one bedroom apartment in Harrow in the new year. I would like some advice on what I need to do. I've just moved our The Mortgage Works mortgage to a fixed term and just need to understand the process and what information I'll need to get consent to let.
  • We have already let but only just realised The Mortgage Works ought to have been advised and consent to let sought - what's the best course of action now?
  • Will The Mortgage Works want to know why I am seeking consent to let? Is it wise to disclose my potential move abroad?
  • I would like consent to let on my Wandsworth maisonette from The Mortgage Works. I will be going abroad for 10-12 months and so want to know if I can let my apartment
  • Will The Mortgage Works choose to exercise a right to change the rates on a residential mortgage where Consent to Let at any time, onto ‘rates equivalent to their B2L range'? Is it possible to refinance on a consent to let with The Mortgage Works?