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.

Questions and Answers: Kensington Mortgage consent to let

  • We have a homeowner mortgage with Kensington Mortgage. This has been in place since 2006. We are intending on letting out our property and renting in an area near our children's school until a suitable home becomes available to buy. Do Kensington Mortgage normally give consent to let and if so, are there any financial consequences?
  • Existing apartment valued at £150k. Kensington Mortgage mortgage owing £20k with half a dozen years to run. Get consent to let via Kensington Mortgage for current property and make use of income to pay off remaining of the loan. Apply for 65 % Kensington Mortgage mortgage on new house that becomes my main home? Can this be done?
  • My boyfriend and I (co-owners) are in the process of remortgaging with Kensington Mortgage. I was doing some research concerning consent to let from Kensington Mortgage to understand the rules around potentially letting our existing property out (probably in a in a couple of years time) if we moved away. The flat in question was a first-time purchase for us about 2 years ago. We are living there at the moment.
  • My wife and I have a flat in Ealing which we acquired off-plan just over twelve years ago. As childen are growing up we need more space. We've identified a property in Hounslow that we wish to buy and want to keep the flat as an investment to rent out. The mortgage is with Kensington Mortgage and we've found a tenant who will pay rent which more than covers the monthly mortgage payment. The query is, can we hold onto the repayment mortgage with Kensington Mortgage so we effectively paying off our mortgage on the property or must we to move it to a buy-to-let product?
  • My fiance and I were curious as to whether it is possible if you own one property with consent to let from Kensington Mortgage, to buy a second with a residential mortgage to live in. Then once the consent runs out on the first property, to change to buy to let or sell it?
  • It is looking as though I may need to move to NYC for a couple of years, I have a property with a Kensington Mortgage mortgage. Do I need to obtain consent to let? Will they be obliging?
  • I have a residential mortgage with Kensington Mortgage and require consent to let. What are the criteria and procedures that I need to be aware of in order to obtain consent?
  • Is it possible to negotiate a consent to let from Kensington Mortgage if I have an existing mortgage which has been in place for twelve years?