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.

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

  • I previously got consent to let from West Bromwich Mortgage Company in 2013 but failed to need it and subsequently remortgaged to another bank. I recently asked for consent to let. I was told it would be authorised since their requirements were met. However I got a letter advising me that I need to supply evidence from the DWP indicating that that are aware of my current situation before they can issue authorisation. They said this is policy but I have not been able to find these conditions on their site. I did complain about the insinuation that I might intend to continue to claim help with interest from the DWP whilst receiving rental on the property. They apologised and offered to deposit £35 in my account . However i still am unable to locate this term and condition and i feel this is otherwise inappropriate I want to let my property as a way of releasing me from redress to social benefits not in order to discontinue claiming
  • I want to buy a second property having recently bought a one bedroom apartment on residential mortgage. Plan to purchase next year. I am told that I may need consent to let from West Bromwich Mortgage Company, my current mortgage provider? What is the best way to go about this and gain the consent required.
  • My OH have an offer accepted to buy a property, we have a deposit of between 10-15% for a residential mortgage with West Bromwich Mortgage Company. The one concern is we may go overseas in 2 months for work. We are going through our mortgage broker. He says if you tell this to West Bromwich Mortgage Company up front we will need to get a buy to let. Do go ahead with residential mortgage with West Bromwich Mortgage Company, in a couple of months seek consent to let? Alternatively, do we try and contact West Bromwich Mortgage Company now and say there is a chance we will move abroad in the future (nothing is definite regarding the move abroad) and see if they confirm in advance that it should not be a problem
  • I'm one year into a two year fixed mortgage with West Bromwich Mortgage Company. The LTV is only 50%. I've found a really good deal on a one bedroom ground floor purpose built flat in Havering which I would not want to miss. It appears that the only way to purchase the other property is to take out some good chunk of equity. I'm thinking of letting the existing property which would more than cover the mortgage with West Bromwich Mortgage Company. Can I get a consent to let from West Bromwich Mortgage Company and ask for additional borrowing after it's rented?
  • My wife and I bought a place in Bristol with West Bromwich Mortgage Company and am moving to rent a property in Cornwall due to work. Is consent to let from West Bromwich Mortgage Companyavailable? I only want to rent out the flat for 6 - 12 months before selling.
  • I have a letter to West Bromwich Mortgage Company requesting consent to let signed and ready, but I'm not sure what address I should forward this to. Can you please help me with the address?
  • My marital situation has changed, and I wish to rent my home out - meaning consent to let- I have approx £175K loan with West Bromwich Mortgage Company and currently 85k equity I need to side-step the early repayment fees.
  • Is consent to let required from West Bromwich Mortgage Company if I am planning to reside in the flat myself for part of the year? Furthermore if I gain consent to let for a limited time, say up to 2 years, what happens thereafter.