Need Help?

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.

Sample questions relating to MBS Lending Ltd consent to let

  • I have recently sought consent to let from MBS Lending Ltd, but it would be useful to know if they impose any requirements on the level of rental to be received?
  • I understand the capital gains tax implications of changing a MBS Lending Ltd mortgage to consent to let, but what about the ongoing rental earnings vs outgoings? Say I changed my former owned maisonette into CTL and moved out and pay rent elsewhere. Is it legitimate to deduct the rent I am paying from the rental revenue?
  • My fixed rate expires mid next year and I'm planning on fixing for another three years with MBS Lending Ltd, hopefully rates will remain low. In in next couple of years I may wish to move temporarily to a different county. How problematic is it to get consent to let by MBS Lending Ltd under these circumstances? I would be returning after two years to reside in my property.
  • I have an annex that my mother is planning to move out from. As the main house is large I was thinking to move into the annex and rent the rest out. This is also due to change in my personal situation. Would I need a consent to let from MBS Lending Ltd?
  • Are you able to help? I am just wondering if MBS Lending Ltd offer consent to let as an option if I decided to let out my home under a residential mortgage. Is there a specific rule for right to buy property and consent to let?
  • My MBS Lending Ltd mortgage rate is up this year can I move to a interest only with consent to let?
  • I am trying to find out if MBS Lending Ltd 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.
  • I have fixed rate mortgage with MBS Lending Ltd. I may have to rent out my house due to necessity. Were I to apply for consent to let, will I have to pay a lot more interest?