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Need professional advice for your consent to let with New Life Mortgages? 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 New Life Mortgages consent to lease

  • My flat has a mortgage against it with New Life Mortgages and I have been renting my flat minus consent to let, making me in contravention of my mortgage contract. I think that they have found out that I am not living there. What negotiating options do I have if I fail to sell it in time before they become aware I have breached my terms and condition?
  • Having spent 17 years in London, I'm considering relocating to be nearer to family. We've only been homeowners for the last two years and about to remortgage with New Life Mortgages. In the relocation destination, we are be looking at a 3-bed property around the £350k mark. I would preferably like to keep hold of my existing property. Could I ask for Consent to Let from the proposed new mortgage provider New Life Mortgages. If granted what are the likely conditions?
  • I’ve a fixed mortgage with New Life Mortgages (with a little under one year left) but due to redundancy want to move away from NW London (actually to a new job in France) and so want to rent the property out. We are keen to avoid the expense of the penalty cancellation of existing mortgage and understand that some lenders are willing to issue this 'consent'...what is the approach adopted by New Life Mortgages?
  • My fiance and I took a loan out on a garden flat last October however I will be working outside of commuting distance of Ealing for the foreseeable future but hope to find work closer in the long term. Given that I recently acquired the property I will lose money if I sell and do plan to return to Ealing so would like to keep it. How likely are New Life Mortgages to allow a consent to let and how do I go about applying ?
  • I was just curious as to whether New Life Mortgages would issue me with consent to let and what kind of fees, penalties and new rates etc
  • We are planning to move to the US for a couple of years for my job but I don't want to change the mortgage to BTL as I want to move back into it when I return. Do you know if New Life Mortgages charges extra on the interest? Is there any work around?
  • I would like to find out more about how to get consent to let on a property. In particular what is the procedure for consent to let if you have a normal mortgage with New Life Mortgages
  • My partner and I am looking into the option of renting out my apartment with consent to let from New Life Mortgages whist away travelling for four months