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.

Frequently asked questions relating to The Mortgage Works consent to lease

  • My query does not specifically concern consent to let, I was hoping that you have an address or telephone number for a dedicated The Mortgage Works help desk who deal with consent to let applications. The Mortgage Works has a first charge over my flat.
  • We have an existing mortgage with The Mortgage Works and need clarify if it would be possible to receive consent to let out our studio flat in Hackney.

    The purpose for needing to find tenants for the property are as follows: -

    • Me and my wife will be migrating to Hong Kong in January.
    • By letting out the house this will facilitate savings to support the migration process.
    • There is little merit from a financial point of view to redeem the mortgage for a property which we are no longer living and by renting out the place this would be deemed as an ongoing investment.

    If The Mortgage Works granted permission to us for renting we would propose some financial assurances which are as follows: -

    • Continue to pay the monthly mortgage payment by direct debit.
    • Use an approved letting agent who will provide a rent guarantee scheme as a further financial safeguard.
    • Supply our forwarding address for when we move.
  • I have a garden flat in Waltham Forest which I bought seven years ago and which I have since remortgaged with The Mortgage Works on a fixed rate which ends next June. If I want to rent out the property whilst I go travelling what do I need to do and is there a time limit? Are there any other consequences when applying for consent to let?
  • Just wondering whether The Mortgage Works conduct any checks when applying for a residential mortgage, I'm ideally looking to lease the property out and am unsure as to whether I should apply for consent to let. How would they find out if I lease the house out?
  • I own a house in Enfield. I would like remortgage with The Mortgage Works and either change to buy to let or consent to let. I'm still inside the redemption penalty period so not sure if there such a thing as porting to some property?
  • I are considering applying to The Mortgage Works to obtain consent to let our home, how long does it take from the point of sending the forms to us finding a letting agent and listing our house for rent? and are there any further steps in the process?
  • Just wanted to know what needs to be provided to The Mortgage Works in order to get consent to let? I just finished a three year fixed mortgage and potentially moving to another flat with my partner.
  • My brother and I need to lease out my flat to be closer to my daughter's uni and look after of my father. How long will the consent to let take to get from The Mortgage Works? a month?