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

Top Five Questions relating to Zephyr Mortgages consent to lease

  • I work for a letting agency in loc and a potential tenant for the house has demanded sight of the ‘consent to let’ from the owners lender Zephyr Mortgages. Why would they ask for this

  • I am a FTB hoping to complete on a terraced house in Zephyr Mortgages. I have a healthy deposit with a mortgage from Zephyr Mortgages. My predicament is that my partner inherited a apartment in Birmingham and I hope to be moving in next month, when I would have to let out my property. I have heard of consent to let but it does not sound like there is any certainty. Is there any advice you can impart?

  • Please explain "consent to let" to me? I live in a 1 bed flat and its in good condition. It has been on with agents for two months and I have had very few viewings. This is because my neighbour is noisey. I was obliged to mention this on the disclosure form. I am with Zephyr Mortgages on a fixed rate. Someone mentioned I should get consent to let by Zephyr Mortgages and rent the flat for a year or two.
  • The likelihood is that I will have the opportunity to work overseas in a couple of years. I am therefore thinking of scaling down to a newer property in Brent which I could rent out more easily as and when required. The intention is to retain 50% equity in the new flat which would be my home for a while. My current lender limits consent to let for a year. I suspect renting it out longer term and not having consent could result in a whole heap of legal issues. B2L seems inappropriate given that I will be living there, maybe for 2-3 years initially. What type of mortgage should I be seeking, and from whom? Do lenders such as Zephyr Mortgages issue consent to let for more than a year?
  • I’ve already let but only just realised Zephyr Mortgages ought to have been informed and consent to let sought - what's the best course of action now?
  • I was just looking into consent to let as it's something potentially I would need from Zephyr Mortgages inside the next 12 months. Our personal situation has changed, and I wish to rent my property out
  • Do you know whether Zephyr Mortgages will accept rental income on consent to let for affordability purposes or does it need to be on a buy to let ? Would Zephyr Mortgages let me raise capital based on the rental revenue ?
  • Will Zephyr Mortgages issue consent to let my flat? I currently have a homeowner mortgage, never been in arrears and have been with Zephyr Mortgages for about two years now. What charges am I likely to incur