Need Help?

Need professional advice for your consent to let with Bluestone Mortgages? 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 Bluestone Mortgages consent to lease

  • I have had a current mortgage with Bluestone Mortgages coming up to 2 years and the fixed rate is soon to be renegotiated. We are looking at extracting equity from our current address to allow us to purchase a new larger house and then let out the current studio flat. The initial advice we received was that we will look for a new residential mortgage with a consent to let - can you explain what this is?
  • I am looking to emigrate to Moscow . Rather than finding a buyer, I would prefer to let my existing property out, just in case things don’t work out and I decide to return in a couple of years. I have a current mortgage is with Bluestone Mortgages. Would I be able to refinance with another mortgage company on a much lower interest rate then apply for Consent to Let after the re mortgage is in place?
  • We have an existing mortgage with Bluestone Mortgages and need clarify if it would be possible to receive consent to let out our garden flat in Tower Hamlets.

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

    • Me and my wife will be migrating to Cape Town in 3 months.
    • By letting out the property this will facilitate savings to support the migration process.
    • It would be pointless from a fiscal perspective to discharge the mortgage for a property which we are not residing in and by letting out the property this would be considered as an ongoing investment.

    If Bluestone Mortgages agreed that we are able to proceed with renting we would propose some financial commitments to include: -

    • Maintain paying the monthly mortgage payment directly from my current account.
    • Instruct an accredited letting agent who will provide a rent guarantee scheme as a further financial safeguard.
    • Provide our forwarding details for when we relocate.
  • I am expecting to apply for consent to let from my current mortgage lender Bluestone Mortgages. A friend of mine said that he was given ‘consent to let’ confirmation from a different lender where it stipulated that the tenancy granted must be in the form of an AST. Can you explain what this is?
  • I am thinking of moving in with my girlfriend at her home and would like to rent out my property that I acquired ten months ago, I'm just not sure of the process as my property is my first home. What hoops do I need to jump through to obtain consent to let from Bluestone Mortgages If I obtain consent would my mortgage payments rise?
  • Just wanted to know what needs to be provided to Bluestone Mortgages in order to get consent to let? I just finished a three year fixed mortgage and potentially moving to another property with my husband.
  • Not sure if you can help What do we need to do to get consent to let from Bluestone Mortgages? And how much equity is needed?
  • I need to contact Bluestone Mortgages to enquire about renting out my house. Do they post a form to me. Is there a form I can download?