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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.

Examples of recent questions relating to New Life Mortgages consent to let

  • My husband and I purchased a flat in 2011 for 305,000 with New Life Mortgages. I got married to someone in the forces so moved in to married quarters in Cyprus and realise that I need to obtain consent to let from New Life Mortgages. Will they give permission?

  • I rented my apartment last June and didn't tell New Life Mortgages. I have a three year residential mortgage (significant equity in it, no arrears) and want to let New Life Mortgages know and get consent to let for the remaining 24 months of my mortgage . I am unsure how to go about this.
  • Your view would be appreciated as to whether consent to let from New Life Mortgages is the correct approach. I acquired my property last July by porting an existing New Life Mortgages mortgage product. My fixed term expired five months ago I'm weighing up moving in with a new partner. I don't want to sell my property yet because I'm unsure of whether the new move will work out. Would it be likely that New Life Mortgages would grant a consent to let based on me letting out my property on a an AST for 1-2 years and then I either commit to a buy to let product or sell it?
  • Is it correct that mortgage companies (I have a mortgage with New Life Mortgages) are adopting a more accommodating approach towards consent to let? A broker suggested that Buy to let mortgages are not regulated by the FCA whereas residential mortgages are. So if I transfer from a homeowner to a BTL I am moving to a regulated product. His belief was that under the current regulation lenders are reluctant to allow borrowers do this, which may explain why some lenders will let customers apply for consent to let but not switch to a BTL product. Is he an accurate assessment?
  • My OH and I are the registered owners of a property in Kenton with New Life Mortgages and am moving to rent a property in Devon due to work. Is consent to let from New Life Mortgagesavailable? I only want to lease out the flat for 6 - 12 months before selling.
  • Will New Life Mortgages want to know my reasons for seeking consent to let? Is it wise to disclose my possible relocation overseas?
  • I have a mortgage with New Life Mortgages taken 3 months back where I moved from another lender. Am I now able to rent my property with consent to let from New Life Mortgages as I am planning to buy another property.
  • I'm looking in more information about consent to let from New Life Mortgages. Would a valid reason be parking problems and the property is too to small for me?