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.

Examples of recent questions relating to Newbury Mortgage Services consent to let

  • I would like to move and let out my one bedroom apartment in Hounslow. Having bought it in spring 2009 and currently on a high ltv there is little equity in it. My mortgage is with Newbury Mortgage Services. Do you know where Newbury Mortgage Services stand when it comes to consent to let?
  • My flat has a mortgage against it with Newbury Mortgage Services and I have been renting the property without consent to let, which I am now led to believe means I am in breach of my mortgage contract. They may have suspicions that I am not living there. What are the legal connotations of my actions?
  • If I took out a new mortgage with Newbury Mortgage Services how long must I wait for consent to let without switching from a normal mortgage?
  • As we are relocating and unable to sell our property, we are thinking about renting it out. Is it imperative to disclose this to Newbury Mortgage Services? If we do, I think they will want to change our mortgage to buy to let and load the rate which we can't afford. I thought if you continued making my monthly payments it shouldn't be an issue, but am now concerned about insurance connotations if I have let my property out on the sly. Any feedback?
  • Our Newbury Mortgage Services mortgage is coming up for renewal. We would like to apply for a new fixed rate mortgage and then seek 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.
  • I wondered if you could help clarify the process for getting a consent to let from Newbury Mortgage Services? Are there specific requirements for instance you have to reside in the property for over 6 or 12 months before its granted?
  • I am relocating for work for as long as a year... I was wondering if I was able to procure from Newbury Mortgage Services consent to let the property out while abroad as I am reluctant to leave it vacant for that long
  • Is consent to let a cheaper way of becoming a landlord? Isn't this a loophole for some borrowers to exploit?