Need Help?

Need professional advice for your consent to let with Mortgage Agency Services? 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 Mortgage Agency Services consent to let

  • What information do Mortgage Agency Services need to have to make a decision on consent to let. I am on a 3 year fix with them. I have always been on time with my monthly payments. I am planning a move to Tower Hamlets due to surprising growth of family. My financial circumstances have not changed and in fact my annual income has increased by thirty per cent since I applied for the mortgage out.
  • As a result of changes in my personal circumstances I am planning to move in with my girlfriend this summer and I have let my property out to two tenants on a twelve month AST. I am now applying for consent to let from Mortgage Agency Services but what if they refuse. I can’t rescind on my contract in terms of backing out of renting the students as they have all signed up. On the flip-side Mortgage Agency Services could sue me for breach of mortgage condition i.e. renting it out in the absence of consent to let.
  • I currently have a mortgage with Mortgage Agency Services and the loan to value is presently 60% with the Mortgage Agency Services current book value and I'm looking to buy a further property but would like to keep my current property at the current market value. I have consent to let from an alternative mortgage provider on a previous property so know a bit about them and I also have buy to let with Accord on another property. Does the expected rental income on a consent to let with Mortgage Agency Services need to exceed the mortgage repayments? I have a fixed rate which I tied into a fixed rate and left the term at 19 years so it was paid off as early as possible, obviously this leaves with quite a high monthly cost.
  • I have a maisonette in Sutton which I purchased six years ago and which I have since remortgaged with Mortgage Agency Services on a fixed rate which ends next September. If I want to let out the property whilst I go travelling what do I need to do and is there a time limit? Are there any other financial repercussions when applying for consent to let?
  • I am just finding out some information at this stage. My boyfriend has asked me to move in with him and I have been trying to sell the flat but have had no luck whatsoever despite several decreases in price. So now I want to know what I would need to do to get consent to let from Mortgage Agency Services
  • Am I required to wait for consent to let to be granted on my prevailing residential mortgage with Mortgage Agency Services before applying for a resi mortgage on a new property?
  • I was wondering if you are able to help. I require consent to let from Mortgage Agency Services and would like to know if this option is available to me to switch to as I must move back home to look after my mum
  • One year into a mortgage with Mortgage Agency Services due to work reasons need to relocate. Do you think I can get buy to let or consent to let.