Need Help?

Need professional advice for your consent to let with The Mortgage Lender Limited? There are various implications when it comes to letting out your property with an existing residential mortgage - you should seek professional assistance.

Frequently asked questions relating to The Mortgage Lender consent to lease

  • We've been renting my wife's old house out with "consent to let" from The Mortgage Lender on a homeowner mortgage for the previous three years. The Mortgage Lender have now advised that they are retracting their consent to let unless we move across to one of their "buy to let" loans.

  • I let my flat a year ago and didn't tell The Mortgage Lender. I have a three year domestic mortgage (significant equity in it, never defaulted) and want to let The Mortgage Lender know and get consent to let for the final 24 months of my mortgage . Not sure what to do.
  • I rented my house out for three years between 2009-2012 while employed overseas. I have a letter dated March 2010 from the lender granting consent to let. In the letter it explicitly states that the consent to let is valid for "the remaining term of the mortgage". I have not refinanced since the letter was issued. I now plan to move house and rent out my existing house. However, my financial advisor has suggested that the 2010 consent to let letter may not be sufficient for the new lender The Mortgage Lender for the house I intend to purchase.Your view would be appreciated
  • My husband is in the army and he has been posted overseas and as we want to move as a family we need 'Consent to let' from our lender The Mortgage Lender. Can you help me?
  • I currently have a mortgage with The Mortgage Lender that I would like to transfer to a consent to let as we have found another property we are looking to purchase. How do I apply for consent to let from The Mortgage Lender and what happens within the process?
  • Do you know whether The Mortgage Lender will accept rental income on consent to let for affordability purposes or does it need to be on a buy to let ? Would The Mortgage Lender let me raise capital based on the rental revenue ?
  • Do The Mortgage Lender give consent to let? I am just considering this as an option if I move house in the coming months
  • I would like details of how to go about obtaining consent to let from The Mortgage Lender and what, if any, cost I face.