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.

Examples of recent questions relating to Bluestone Mortgages consent to let

  • We have a Bluestone Mortgages mortgage and are never missed a loan payment, in gainful employment etc. Can you tell me how much the fees are and if Bluestone Mortgages usually grant consent to let without changing to a new mortgage product?

  • A friend of mine has rented her property from the same landlady for nearly 18 months. Over the last six months my friend has been getting letters from Bluestone Mortgages (she hasn't opened them-it is clear from the envelope). Inititially she forwarded them to her landlord’s address. My suspicions were aroused as none of the landlady's mail was supposed to be going there. I decided to go to my friends house and phoned Bluestone Mortgages on her behalf. The lady I called at Bluestone Mortgages had a long list of queries, the landlord’s name her current address, the tenant's details and then said they would investigate whether she was entitled tolet out the house or if it was an offence in the absence of consent to let. Should my friend be concerned?
  • We propose to rent out our flat in Redbridge which is on a owner-occupier mortgage with Bluestone Mortgages . Clearly I will seek a consent to let. Assuming there is a fee for the consent to let can this amount also be claimed as an allowable cost on my tax return to the tax authority?
  • I am looking for some precautionary guidance as to whether consent to let is a viable option. I bought my apartment nine months ago by porting an existing Bluestone Mortgages mortgage product. My fixed rate came to an end four months ago. I'm currently deliberating moving in with a new partner who has his own property and mortgage also with Bluestone Mortgages, which I would not seek to be added to. I don't wish to sell my property yet because I'm unsure of whether the new move will work out. I don't want to move to a B2L mortgage yet for 2 reasons: 1) I need to discover if it is a marketable property with rents higher than my mortgage payments and 2) I need to raise additional capital to satisfy the 65% LTV ratio required for a BTL mortgage. It would be preferable to get a consent to let from Bluestone Mortgages for a couple of years in order to be more secure in becoming a possible landlord and to raise the capital. If at the end of the consent to let period I was unsure I would probably either sell my property or, depending on the new relationship working out, resume living there.
  • I have a Bluestone Mortgages mortgage currently and potentially want to let it out for a limited period of time with consent from Bluestone Mortgages for (1 year). How easy is it to obtain consent to let?
  • My wife and I are the registered owners of a property in London with Bluestone Mortgages and am moving to rent a property in Devon due to work. Is consent to let from Bluestone Mortgagespossible? I only want to lease out the flat for six to nine months before selling.
  • I am looking at moving overseas for work and would like consent to let from Bluestone Mortgages whilst I am away. Is the way forward to complete the consent to let form and mail it to Bluestone Mortgages? The point of renting the property isn't to make money but to keep the property in case things don't work out
  • My wife and I have a granny flat attached to our house. Do we need consent to let this from Bluestone Mortgages? If so, what is the process if I need to change my mortgage to consent to let?