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.

Sample questions relating to The Mortgage Works consent to let

  • For the last few months I have been letting out my flat in Sutton. I didn't request consent to let. I moved to Ashford for work relocation purposes and couldn't do a commute but was nervous that The Mortgage Works would charge me an arm and a leg so I decided to take the risk. I'm hoping to do the right thing now... basically continue leasing it but with consent. What are my next steps?
  • I want to purchase a second property having recently bought a garden flat on normal mortgage. Planning to purchase next year. I am told that I may have to get a consent to let from The Mortgage Works, my existing mortgage provider? What is the best way to manage this and get the permission required.
  • I have a property in Brent with a The Mortgage Works mortgage but I no longer live there. My sister moved in but is there rent free. I currently live in rented premises and am looking to buy a house. I have come across a dream property at an attractive price. I have sufficient for a deposit to put down on the house I am interested in but would find it difficult to pay enough off the old property to switch it to a buy to let mortgage simultaneously. Can I transfer the current The Mortgage Works mortgage for my old apartment into a consent to let and use my reserves to pay a larger deposit for the residential mortgage on the property that I am looking to purchase?
  • We are currently in Hong Kong and leasing out our flat in Hounslow. This was unplanned but an opportunity presented itself and we took it. The rental income is not enough to cover the mortgage so we transfer money each month to make up the difference. Earlier today I got a letter in the post from our lender informing me that because the property is being let out and has been for almost three years we will have to pay 1.5% interest in addition to our current mortgage rate. We could sell up but this will be difficult as I am on the other side of the world. Would it be possible to remortgage with The Mortgage Works and get consent to let?
  • I was just looking into consent to let as it's something potentially I require from The Mortgage Works inside the next year. Our personal situation has changed, and I wish to let my property out
  • I would like to know how to go about getting consent to let from The Mortgage Works and what fees are involved. Last week I moved in with my partner and have a family member wanting to let out the property.
  • I have a residential mortgage with The Mortgage Works and require consent to let. What are the factors and procedures that I need to be aware of in order to obtain consent?
  • Should I decide to apply for consent to let from The Mortgage Works how long will it take to hear back?