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

Recently asked questions relating to Melton Mowbray Building Society consent to lease

  • I have recently sought consent to let from Melton Mowbray Building Society, but it would be useful to know if they have any conditions on the level of rental yield?
  • I spoke to a IFA friend last recently. He said that were I to decide to move abroad with my job for a period then I should not apply for consent to let from my lender (Melton Mowbray Building Society) until at least four weeks before I plan to lease out my house. Am I to understand that I have to find a tenant first and then obtain a consent to let?
  • We have an existing mortgage with Melton Mowbray Building Society and wish to clarify if it would be possible to gain consent to let out our maisonette in Greenwich.

    The purpose for wanting to let out the property are as follows: -

    • Me and my wife will be relocating to Melbourne in January.
    • By renting out the house this will enable us to make some savings to help the migration process.
    • It would be pointless from a financial perspective to pay outright for a property which we are not residing in and by letting out the property this would be viewed as continuing investment.

    If Melton Mowbray Building Society granted permission to us for renting we would propose some financial commitments which are as follows: -

    • Continue to pay the monthly mortgage payment by direct debit.
    • Retain the services of an approved letting agent who will provide a rent guarantee scheme as a further financial protection.
    • Provide our forwarding details for when we move.
  • I have an existing mortgage with Melton Mowbray Building Society. Where do I download the consent to let application forms from, as we have started renting out the flat?
  • I’ve already let but only just dawned on us that Melton Mowbray Building Society should've been informed and consent to let sought - can this be obtained retrospectively?
  • My mortgage is presently with Melton Mowbray Building Society and am considering whether to sell or rent in the short term but don't have the equity for a buy to let mortgage at this time. What are my consent to let options currently?
  • Just wanted to know how to get a consent to let from Melton Mowbray Building Society who I have a mortgage with. There is a remaining balance of 57k. The value of property is 220k. Its in my name but my wife and I would like to purchase a garden flat in Southwark we have seen together. How do we go about this?
  • I am interested in consent to let for my home mortgaged with Melton Mowbray Building Society. How do I proceed? Do I have to contact Melton Mowbray Building Society and get them to agree?