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.

Common questions relating to The Mortgage Works consent to lease

  • I need to move my children's school by early-September and move to a different area. I don't have time to sell my house.The only way I can see of doing it is to lease my house out. Currently I have standard occupiers insurance. Do I need different insurance? Am I required to get consent to let from my mortgage company The Mortgage Works
  • My partner and I are FTBs, currently renting. We would ideally like to purchase a ground floor flat in Hillingdon. We want to move there, but will need to wait for a job - perhaps a couple of years. Would we need to get a buy-to-let mortgage? Would it be possible to take a residential mortgage with The Mortgage Works, even though we won't be moving in straight away? Alternatively could we live there for half a year, then start renting it with consent to let from The Mortgage Works? I'm only interested in scenarios that are completely legal, and wouldn't breach the terms of the mortgage with The Mortgage Works.
  • My husband and I propose to rent out our flat in Greenwich which is on a standard residential mortgage with The Mortgage Works . Clearly I will seek a consent to let. Assuming there is a charge for the consent to let can this amount also be categorised as a deductible expense on my self assessment form to the tax authority?
  • Last month I got married and my wife and I would like to buy a family home in the coming year, whilst keeping our maisonette in Brent we currently live in to rent out. Mortgage on the flat is with The Mortgage Works. I don't want to put myself in a situation with two residential properties and then be refused consent to let.
  • Can you help me understand what are acceptable reasons for leasing a property when it comes to seeking consent to let from The Mortgage Works? Are you able to assist?
  • I would like consent to let on my Camden flat from The Mortgage Works. I will be going abroad for a period of time so wish to know if I can rent out my flat
  • Will The Mortgage Works choose to exercise a right to convert the rates on a owner-occupier mortgage where Consent to Let at any time, onto ‘rates equivalent to their BTL range'? Can one refinance on a consent to let with The Mortgage Works?
  • I would like some guidance on how best to approach my mortgage lender The Mortgage Works regarding a 'Consent-to-Let' application. Is this something you can help with ?