Need Help?
Need professional advice for your consent to let with Keystone Property Finance? There are various implications when it comes to letting out your property with an existing residential mortgage - you should seek professional assistance.
Keystone Property Finance Consent to Lease Example Support Desk Enquires
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My husband and I purchased a garden apartment in 2012 for 305,000 with Keystone Property Finance. My husbands career requires that we move to Cyprus and realise that I need to apply for consent to let from Keystone Property Finance. Do you have any experience of consent to let from Keystone Property Finance?
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The tenants for my property have asked for evidence of my ‘consent to let’ from Keystone Property Finance, my mortgage lender. Is this a standard request?
- Under what circumstances will consent to let for a property be granted by Keystone Property Finance? How long do you have to have had the mortgage before consent to let can be negotiated with Keystone Property Finance? By way of background I am a young doctor in an apartment bought a few months ago. The ideal job offer necessitating relocation to a different city permanently has arisen. I would be looking at securing consent to let in the first instance to be able to put a tenant in it to cover the costs of the Keystone Property Finance mortgage.
- Me and my husband are in a complex mortgage scenario in the last couple of month. We have to lease our apartment with consent to let and move to a new to be nearer to my parents. We now rent a property. We are finding it really difficult to find a better mortgage deal for our consent to let home. Is there is a list available as to which lenders grant consent to let and what their conditions are?
- My mortgage company refuse to issue consent to let without a move in date confirmed with a tenant. How can I confirm this in the absence of consent to let? I can't be certain but I vaguely recall my friend had a similar issue with Keystone Property Finance.
- I am looking to Keystone Property Finance to issue me with consent to let out my flat in Enfield. I am moving in with partner, cant sell property
- I am deliberating on renting my property will Keystone Property Finance bill me for a consent to let letter?
- Should I decide to apply for consent to let from Keystone Property Finance how long will it take to hear back?
Find out more about how flying freeholds can affect the marketability of a property.
Important warnings to consider in conjunction with the above Keystone Property Finance consent to let information
Tax and Legal
There may be various tax and legal (from restrictions on title, lease prohibitions to planning issues) implications when letting out your property. You should always seek the advice of a solicitor and accountant before letting out your property.
Insurance
Where you hold buildings and contents insurance on your property you should review it to make sure it continues to provide the cover you need. It is also important that you update your insurance provider of your change in circumstance, as failure to notify them could trigger your insurance becoming invalid. As a minimum you should ensure that you are covered for any third party liability in respect of injuries to your tenant whilst at your property
Leasehold properties
If your property is leasehold, the provisions in the lease may prevent you from letting or require that you obtain the consent of the freeholder. If such restrictions are not strictly observed you may be in violation of the lease. This could potentially result in the freeholder commencing forfeiture proceedings.
Co-ownership
Failure to advise your co-owner of your intention to let could result in them commencing legal proceedings against you. Be sure to obtain their consent in writing.
Your property may be repossessed if you do not keep up repayments on your mortgage with Keystone Property Finance