Need Help?

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

Frequently asked questions relating to West Bromwich Mortgage Company consent to lease

  • My husband and I intend to relocate to Dubaiin Month, initially for a little as 9 months but potentially longer term. I have contacted West Bromwich Mortgage Company for consent to let out my home in West Bromwich Mortgage Company. I have had a mortgage with West Bromwich Mortgage Company for three years and no payments have ever been missed. West Bromwich Mortgage Company advise, that even if they consent to the letting, that this will be a temporary arrangement for 12 months. After the year is up what happens next?

  • I previously took a mortgage with West Bromwich Mortgage Company and the LTV is currently 60% with the West Bromwich Mortgage Company current book value and I'm looking to acquire another property but do not want to sell my current property at the current market value. I have consent to let from an alternative mortgage provider on a previous property so know a bit about them and I also have buy to let with Mortgage Express on another property. Does the expected rental income on a consent to let with West Bromwich Mortgage Company need to be over and above the mortgage repayments? I have a fixed rate which I tied into a fixed rate and left the term at 18 years so it was paid off as early as possible, obviously this leaves with quite a high monthly repayment.
  • Given we are relocating and unable to find a buyer for our house, we are mulling over letting it out. Am I duty bound to disclose this to West Bromwich Mortgage Company? If we do, I think they will want to change our mortgage to buy to let and increase rate which we can't afford. I was thinking that as long as I continued paying on time it shouldn't be an issue, but am now concerned about insurance connotations if I have let my property out on the sly. Any advice?
  • Me and my OH have a flat in Tower Hamlets which we acquired as a new-build just over twelve years ago. As we've now got a young son we are looking for more space. We've identified a house in Waltham Forest that we're going to buy and want to keep the flat as an investment to rent out. The mortgage is with West Bromwich Mortgage Company and we've found a tenant who will pay rent which more than covers the monthly mortgage payment. The query is, can we retain the repayment mortgage with West Bromwich Mortgage Company so we effectively paying off our mortgage on the flat or must we to swap to a buy-to-let product?
  • My mortgage company wont issue consent to let until I have a move in date confirmed with a tenant. How can I confirm this without consent to let? I am not sure but I think my friend had a similar issue with West Bromwich Mortgage Company.
  • I am looking to West Bromwich Mortgage Company to issue me with consent to let out my basement flat in Greenwich. I am travelling for a year
  • My existing mortgage is with West Bromwich Mortgage Company, but I am going to need to get consent to let for around 12 months as my partner is unwell and is struggling to balance work with the hectic environment we are living in. We want to take time off for a year (by living near her mum and dad and having their help) in a greener less hectic area of Liverpool.
  • Last month acquired a maisonette in Hillingdon. I am a FTB. I am moving Ireland next month, can I get consent to let from my lender West Bromwich Mortgage Company or do need to wait for at least 6 months?