Need Help?

Need professional advice for your consent to let with Kensington Mortgage Company Ltd? 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 Kensington Mortgage consent to lease

  • I was thinking of renting out my home and make money from it during my vacation. It’s only for a fortnight. Is advanced consent to let from Kensington Mortgage required?

  • I have my one bedroom apartment in Bexley on the market but notwithstanding a few viewers there is a lack of interest so far. As a backup option I am considering renting out the property if it doesn't sell. I dont anticipate a problem getting consent to let from the freeholder. My IFA has told me that in such circumstances I may be obliged to switch to a buy to let product yet the chances are that I don't have sufficient equity. What's my exposure if I if hypothetically I was to just keep the existing Kensington Mortgage home loan and let the property out on the QT I was told that they can put a marker on you for mortgage fraud once find out. Is that right?
  • What are the chances of Kensington Mortgage in granting Consent To Let on a one bedroom first floor purpose built flat? It is currently on the market and it has been for three months. I need to sell but I'm concerned that if there is no interest I will need to rent out the property in order to cover the mortgage to Kensington Mortgage (I no longer live at the address). My preference is to be honest with Kensington Mortgage than keep them in the dark but I'm not sure how accomodating they would be.
  • My flat has a mortgage against it with Kensington Mortgage and I have been letting out my flat omitting to get consent to let, making me in breach of my mortgage terms and condition. They may have suspicions that I am not residing there. What negotiating options are available if I fail to sell it in time before they become aware I have breached my Ts and C’s?
  • My current mortgage is with Kensington Mortgage, but I am going to need to get consent to let for about 12 months as my partner is unwell and is struggling to balance work with the hectic environment we are living in. We want to take a break for a year (by living near her mum and dad and having their help) in a greener less intense suburb of Manchester.
  • Me and my partner took a mortgage with Kensington Mortgage but am informed they have a stipulation that they refuse to issue consent to let the property to a local authority. Is this correct and if so, can you suggest a method round this?
  • I am interested in further information concerning consent to let home loans, potentially moving our current mortgage with Kensington Mortgage over to a consent to let one.
  • Will Kensington Mortgage issue consent to let my property? I have an existing residential mortgage, never been in arrears and have been with Kensington Mortgage for approximately three years now. What fees am I likely to incur