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Need professional advice for your consent to let with MBS Lending Ltd? There are various implications when it comes to letting out your property with an existing residential mortgage - you should seek professional assistance.

Common questions relating to MBS Lending Ltd consent to lease

  • My husband and I bought a garden apartment in 2007 for 185,000 with MBS Lending Ltd. I got married to someone in the RAF so moved in to married quarters in Cyprus and appreciate that I have to have to get consent to let from MBS Lending Ltd. Will they grant consent?

  • I have a residential property but I am moving with my girlfriend to a different location for career reasons and moreover close to her university. My preference is to retain the property but not sure I can afford a BTL rate. It will only be temporary -two years until my girlfriend completes her degree and I can sell, or move elsewhere. My mortgage is with MBS Lending Ltd. Is there a chance I won't be approved for consent to let?
  • Our existing house in Newham has approximately £95K equity with a home loan with MBS Lending Ltd. It's a nice family house in a popular catchment and I think it would rent well. We are probably moving for my partner’s work and were considering holding onto the house on as an investment property - should we be swapping the mortgage to a buy to let product or should we apply for consent to let by MBS Lending Ltd?
  • We are currently in NYC and leasing out our flat in Southwark. This was unplanned but an opportunity presented itself and we took it. The rent we make on the flat is insufficient to cover the mortgage so we transfer funds each month to cover the shortfall. Anyway this morning I got a letter in the mail from our lender telling me that as the property is being let out and has been for almost four years we will have to pay 1.5% interest on top of our current mortgage rate. One option would be to sell up but this will be difficult as I am so far away. Would it be possible to remortgage with MBS Lending Ltd and get consent to let?
  • I have recently got married and I am in the process of buying out 100% of my co-ownership mortgage with my wife. As a result we have now been given a 90% loan to value on our house. We want to buy a larger home. Will it be possible to get a consent to let on my new mortgage with MBS Lending Ltd to allow us to get a mortgage also with MBS Lending Ltd for a new home?
  • My fixed rate loan with MBS Lending Ltd ends in January and have to move with work then. Will I be able to both remortgage and obtain consent to let?
  • I am considering moving in with my girlfriend at her home and would like to rent out my property that I acquired last year, I'm just not sure of the process as my property is my first home. What do I need to do to get consent to let from MBS Lending Ltd If I obtain consent will my mortgage payments go up?
  • I have a mortgage with MBS Lending Ltd taken three months back where I moved from another lender. Can I now rent my property with consent to let from MBS Lending Ltd as I am planning to buy another property.