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

  • Me and my husband were looking to purchase a 2 bed flat with ten per cent deposit with the aim of living there. Somewhat fortuitously the in-laws plan to move to New York for a while so we would be moving into theirBarnet bungalow to "housesit". Should we proceed with a residential mortgage with New Life Mortgages would we likely encounter any issues with negotiating consent to let ?
  • Two years ago we bought our council flat, in Lambeth,recently valued at £200k. It was paid for in full from our own finances, mortgage fee. We can't sell (without penalty of losing some of our discount) before 5 years have passed. Regardless, we wish to keep it as a investment property to let out. We wish to release some equity via a New Life Mortgages mortgage. Will consent to let be given?
  • A year ago my building society (not New Life Mortgages) provided me with consent to let. This was subject to a provision that every half year they would levy a charge of half a percent of the remaining mortgage amount. Having the first couple of payments they have omitted to make the charge in recent months. This may be no more than a basic computer error but I am nervous that it would also mean I no longer have Consent to Let.
  • I acknowledge that I have been extremely reckless in failing to advise New Life Mortgages that I’m leasing my property out. In an ideal world I would like to do the right thing with as little consequence as possible. If New Life Mortgages says yes, what are the chances of them discovering that I’ve already been renting it without consent?
  • I am already leasing out my flat but may have sussed that I am not living there. I have five months remaining on my fixed rate. Is it simple to get consent to let from New Life Mortgages. Is it just a five minute phone call, pay the charge and that's it?
  • Just wanted to know what needs to be provided to New Life Mortgages in order to get consent to let? I just finished a three year fixed mortgage and potentially moving to another property with my wife.
  • Last month I bought a property with 10% deposit for personal reasons. A mortgage was taken with New Life Mortgages. But my circumstances have now changed. I am being transferred overseas. Am I able to get consent to let from New Life Mortgages and put the property up for rent?
  • I have a mortgage with New Life Mortgages but would like to lease my house out and move in with my girlfriend and baby what would I have to do to get consent to let?