Need Help?

Need professional advice for your consent to let with The Mortgage Business? 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 The Mortgage Business consent to let

  • Is consent to lease required from The Mortgage Business or can I let my basement flat without telling The Mortgage Business and being forced to transfer to a B2L mortgage?

  • I have to move my son’s school by early-August and move to a different area. there is insufficient time to find a buyer for my house.The short term option is to lease my house out. Currently I have buildings and contents insurance. Do I need different insurance? What should request from The Mortgage Business regards to consent to let?
  • I have a mortgage with The Mortgage Business. I wish to buy a second house and my financial adviser recommended I apply for a consent to let. I had formerly led to believe they only grant consent to let if I have the intention to go back to my current home. Your view would be appreciated?
  • Can you explain "consent to let" to me? I live in a studio apartment and its in good condition. It is on the market and I have had very few viewings. This is probably due to an longstanding feud with the guy next door. I have had to put it on the disclosure sheet. I am with The Mortgage Business on a fixed rate. It has been suggested to me that I should seek consent to let by The Mortgage Business and lease the flat for a year or two.
  • I have just got married and I am in the process of buying out 100% of my co-ownership mortgage with my wife. As a result we have now been given a 90% loan to value on our house. We want to buy a larger property. Will it be possible to get a consent to let on my new mortgage with The Mortgage Business to allow us to get a mortgage also with The Mortgage Business for a new home?
  • I was just wondering if The Mortgage Business were picky when considering consent to let. I sent my request on date and I am waiting to hear back. Should I start chasing or wait for a bit longer?
  • I am considering relocating with work and would need to rent my property out. I have a mortgage with The Mortgage Business. My property is worth approx £200k and owe £85k on it. How likely is it that The Mortgage Business increase my interest rate?
  • Are you able to advise me how much the fees are and if The Mortgage Business typically give consent to let without changing to a commercial rate?