Need Help?
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.
Zephyr Mortgages Consent to Lease Example Support Desk Enquires
- Is it the case that the letting agents we rented through have a duty of care to have ensured that the landlord had consent to let from Zephyr Mortgages?
- Me and my husband are in a tricky mortgage situation currently. We have to let our apartment with consent to let and move to a different location due to schooling. We now rent a house. We are finding it extremely difficult to find a better mortgage deal for our consent to let home. Is there is a list available as to which lenders grant consent to let and what their conditions are?
- I have been in the Royal Air Force for six years and planning to acquire a property with a Zephyr Mortgages mortgage. I would like to obtain consent to let the house to my sister. In the future I plan to reside in the property with my family when my military career comes to an end. Is this possible?
- Last month I got married and my wife and I would like to purchase a family home in the coming year, whilst keeping our garden flat in Lambeth we currently live in to rent out. Mortgage on the flat is with Zephyr Mortgages. I don't want to put myself in a situation with two residential properties and then be refused consent to let.
- I have a letter to Zephyr Mortgages requesting consent to let signed and ready, but I'm not sure what address I should post this to. Can you please help me with the address?
- My Zephyr Mortgages mortgage rate finishes this year can I go on a interest only with consent to let?
- My mortgage is presently with Zephyr Mortgages and am considering whether to sell or rent in the short term but don't have the equity for a buy to let mortgage at this stage. How feasible are consent to let options currently?
- I would like to find out more about how to get consent to let on a property. In particular what is the procedure for consent to let if you have a residential mortgage with Zephyr Mortgages
Find out more about how flying freeholds can affect the marketability of a property.
General Advice to read in supporting the above Zephyr Mortgages consent to let Info
Tax and Legal
There may be various tax and legal (from restrictions on title, lease prohibitions to planning issues) implications when letting out your property. You should always seek the advice of a solicitor and accountant before letting out your property.
Insurance
Omitting to inform your insurance company of your intention to let could invalidate your insurance or leave you under-insured.This means that you could be personally liable for any claim made against you. As a minimum you should ensure that you are covered for any third party liability in respect of injuries to your tenant whilst at your property
Leasehold properties
If your property is leasehold, the provisions in the lease may prevent you from letting or require that you to have a license to do so from the freeholder. If such restrictions are not strictly observed you may be in breach of the lease. This could trigger the freeholder commencing forfeiture proceedings.
Co-ownership
Omitting to inform your co-owner of your intention to let could result in them commencing legal proceedings against you. Be sure to record their consent in writing.
Your property may be repossessed if you do not keep up repayments on your mortgage with Zephyr Mortgages