Consent-to-let Help for Newbury Mortgage Services Ltd

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

• I am in a difficult predicament with a Consent to Let mortgage. Reacting to my requisition for consent to let the bank has requested evidence of an executed AST prior to issuing consent. If I get a signed tenancy agreement would I not be violating the lender’s terms and conditions?

• I would like to let my current residence as I wish to acquire a bigger house for the family. I have a mortgage with Newbury Mortgage Services. On the basis I get the consent to let as I understand banks are more than likely to push me towards getting BTL mortgage when the fixed term is finished. Could I refinance after two years with an alternative lender? Will it have to be buy to let mortgage and not a residential mortgage?
• Your view would be appreciated as to whether consent to let from Newbury Mortgage Services is the right strategy for me. I purchased my house seven months ago by porting a Newbury Mortgage Services mortgage product. My fixed term came to an end two months ago I'm currently considering moving in with a new partner. I would prefer not to sell my house yet as I have no idea as to 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?
• We took a loan out on a garden flat last December however I will be working outside of commuting distance of Tower Hamlets 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 hope to return to Tower Hamlets so would like to keep it. How likely are Newbury Mortgage Services to allow a consent to let and what will it cost me ?
• We are looking at new mortgages and also thinking of renting the property in the future - Is there a fee with Newbury Mortgage Services to procure consent to let and what are the requirements?
• Newbury Mortgage Services - consent to let potential. Do you have experience of the process with this lender? Do they have a minimum period prior to changing and is it possible that I would be required to make a cash injection to reduce the LTV?
• In the event that I was successful in obtaining consent to let from Newbury Mortgage Services, can I sell during the consent period? Is it possible that I would incur any charges?
• Would you be able to help me? What do I need to do to obtain consent to let from Newbury Mortgage Services? And how much equity is needed?