Need Help?

Need professional advice for your consent to let with Newbury Mortgage Services Ltd? 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 Newbury Mortgage Services consent to lease

  • My partner and I plan to return to Floridain Month, possibly for a little as 9 months but conceivably longer term. I'm in the process of writing to Newbury Mortgage Services to obtain consent to let out the property (we have already found tenants). I have been with Newbury Mortgage Services for three years and I am up to date with payments. Newbury Mortgage Services advise, that even if they do agree, that this will be a temporary arrangement for 12 months. What happens after one year?

  • I have my 2 bed flat in Bexley on the market but despite a couple of viewings there is a lack of interest so far. As a backup option I am considering leasing out the property if it doesn't sell. I dont think I will have a problem getting consent to let from the freeholder. My IFA says that in such a situation I may be required to switch to a B2L mortgage yet the chances are that I don't have enough equity needed. What's my exposure if I if hypothetically I was to just keep the existing Newbury Mortgage Services mortgage and let the property out on the QT I was told that they can put a marker on you for mortgage fraud if they find out. Is that right?
  • I'm looking to apply to Newbury Mortgage Services for consent to let on my current residential property in Sutton. I am hoping to draw down equity from my existing home ahead of this, and using that money to purchase a second residential property. I will stay in that house whilst doing it up for nine months after which the intention is to sell it then move back to my existing house. Is this something Newbury Mortgage Services will consider consent to let for or is that out of their criteria?
  • I would appreciate some feedback as to whether consent to let from Newbury Mortgage Services is the best option. I acquired my house last July by porting an existing Newbury Mortgage Services mortgage product. My fixed term expired five months ago I'm probably going to be moving in with a new partner. I would prefer not to sell my house yet because I'm unsure of whether the new move will work out. I just wanted an idea of whether a consent to let from Newbury Mortgage Services would be possible?
  • I took a residential mortgage with Newbury Mortgage Services and my circumstances have changed due to family, can I obtain consent to let. What changes will affect me?
  • We are planning to change mortgage provider to Newbury Mortgage Services for a fixed rate but during this period will need to rent the apartment out for about 12 months. Do Newbury Mortgage Services consent to let on fixed rate home loans and if so, what are the procedures.
  • My Newbury Mortgage Services mortgage is coming up for renewal. We would like to apply for a new fixed rate mortgage and then apply for a consent-to-let. Is this possible? We don't use the house much now that our kids have grown up, and would be better used as a rental.
  • Nine months into homeloan with Newbury Mortgage Services due to work reasons need to relocate. Is it possible to get buy to let or consent to let.