Consent-to-let Help for Magellan Homeloans

Magellan Homeloans consent to let: Q and A’s

• We acquired a flat in 2011 for just under 200,000 with Magellan Homeloans. My husbands career requires that we move to Gibraltar and now wish to request consent to let from Magellan Homeloans. Do you have any experience of consent to lease from Magellan Homeloans?

• I have a residential property but I am moving with my girlfriend to a different town for career reasons and moreover close to her university. Im keen retain the property but it is unlikely that I can afford a buy to let rate. It will only be temporary -3 years until my girlfriend has finished University and I can sell, or move elsewhere. My mortgage is with Magellan Homeloans. Is there a chance I won't be approved for consent to let?
• I am looking to apply to Magellan Homeloans for consent to let on our existing residential property in Lambeth. I am looking to release equity from my existing house before doing so, and using that money to buy a further home. I will live in that property whilst renovating it for six months at which point I intend to sell it then move back to my existing property. Is this something Magellan Homeloans will consider consent to let for or does this fall outside the standard criteria?
• My husband and I are in a complex mortgage scenario in the last couple of month. We have to let our apartment with consent to let and move to a different location to be nearer to my parents. We are about to rent a home. We are finding it extremely 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?
• I am looking to Magellan Homeloans to issue me with consent to let out my studio flat in Newham. I am about to commence a PhD opportunity in Maastricht University, Netherlands
• My two year fixed rate with Magellan Homeloans will soon end shortly and I will change on to the standard variable rate. I would like to know whether consent to let by Magellan Homeloans is possible, if there are charges, and if there are time limits?
• Would I be able to remortgage to Magellan Homeloans from my existing lender, with a consent to let or do I need a let to buy loan, and if so what are the LTV's?
• Will Magellan Homeloans choose to operate a right to change the rates on a standard mortgage where Consent to Let at any time, onto ‘rates equivalent to their BTL range'? Can one remortgage on a consent to let with Magellan Homeloans?