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.

Kensington Mortgage Consent to Lease Example Support Desk Enquires

  • We've been renting my wife's old house out with "consent to let" from Kensington Mortgage on a standard mortgage for the last three years. Kensington Mortgage have put forward an ultimatum withdrawing their consent to let if we do not convert to one of their "buy to let" deals.

  • I'm purchasing a garden flat in Barnet. I am only looking to live there for 6 months, and subsequently move into a larger property. As opposed to disposing of the prior property I would like to rent it out so that it becomes an investment. Do you know if Kensington Mortgage would give consent to let in such circumstances?
  • We are first-time buyers, currently renting. We would ideally like to purchase a one bed flat in Barnet. We want to move there, but will need to wait for a job - perhaps a couple of years. Would we need to get a B2L loan? Could we have a residential mortgage with Kensington Mortgage, even though we won't be moving in straight away? Or could we reside there for a short period of time , then start renting it with consent to let from Kensington Mortgage? I'm only evaluating suggestions that are fully legal, and have no intention of contravening the provisions of the mortgage with Kensington Mortgage.
  • I have been leasing my flat to a tenant for three years but not on a BTL mortgage because I thought that you only required a BTL if you had more than one mortgage. In trying to acquire a further property, I found that I should have had consent to let at the outset from my lender Kensington Mortgage. I'm enquiring whether I can now seek consent to let from Kensington Mortgage?
  • I would like to lease out my property. Do I simply send a letter to Kensington Mortgage requesting consent to let out the house?
  • Will Kensington Mortgage choose to operate a right to switch the rates on a domestic mortgage where Consent to Let at any time, onto ‘rates equivalent to their B2L range'? Can one refinance on a consent to let with Kensington Mortgage?
  • Was wondering how to seek a consent to let from Kensington Mortgage who I have a mortgage with. There is a remaining balance of 87k. The value of house is 220k. Property is in my name but my wife and I would like to purchase a ground floor flat in Hounslow we have seen together. How do we go about this?
  • I am trying to find out if Kensington Mortgage will grant consent to let in a situation where we need to move closer to relatives in a different house albeit that we may move back the future if circumstances change.