Need Help?

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

Top Five Questions relating to The Mortgage Works consent to lease

  • A friend of mine suggested that this summer I rent out my cottage and make money from it whilst on holiday. I only plan to be away for ten days. Will consent to let be needed from The Mortgage Works?

  • Existing property worth £97,000. The Mortgage Works mortgage owing £32k with six years to run. Get consent to let from The Mortgage Works for current residence and utilise income to pay off the last few years of mortgage. Apply for 70 % The Mortgage Works loan on second flat that becomes my main address? Any reason not to do this?
  • My plan is to move home. My question is whether consent to let will be given on my house for me to then obtain a loan offer for the new house so I can put in an offer without being part of a chain and subsequently let my property out should I move. Will The Mortgage Works issue consent to let for a year? Assuming the rental goes to plan can the consent to let period be continued?
  • Me and my husband are in a complex mortgage scenario currently. We have to rent our house with consent to let and move to a new to be nearer to our daughter’s college. We are about to rent a home. We are finding it really difficult to find a better mortgage deal for our consent to let home. Is there is a list available as to which lenders grant consent to let and what their conditions are?
  • My OH and I invested in buying a place in London with The Mortgage Works and am moving to rent a property in Devon due to work. Is consent to let from The Mortgage Worksavailable? I am only looking to let out the flat for half a year before selling.
  • My family circumstances has changed, and I would like to rent my place out - meaning consent to let- I have approx £175K loan with The Mortgage Works and currently 85k equity I need to side-step the redemption penalties.
  • My job is now requiring mebe in different countries every month and as a result I wish to get to grips with the process for applying for consent to let with The Mortgage Works
  • I currently have a residential mortgage with The Mortgage Works and plan on letting due to work being based in Bristol. In seeking consent to let from The Mortgage Works do I run the risk of them forcing me to change deal to B2L