Consent to Let - Magellan Homeloans Requirements
The purpose of this page to assist residential conveyancing practitioners on the Magellan Homeloans conveyancing panel where their client wishes to rent out their property. Lawyers are advised to the CML handbook requirements for Magellan Homeloans. The information on this page Is not to be read as buy-to-let legal advice but is restricted to situations where the borrower will need consent to let from Magellan Homeloans.
Need help with "Consent to Let" from Magellan Homeloans?
Magellan Homeloans requirements state that if in advance of completion of the conveyancing retainer, the borrower informs you of an intention to let the property you should advise the borrower that any letting of the property is prohibited without prior consent to let from Magellan Homeloans. If the borrower wishes to let the property after completion then an application for consent to let should be made to Magellan Homeloans by the borrower.
The application for consent to letting should be made to:
The above information covers to properties in England and Wales.
Other sites are avaialble targeted to borrowers for information and help on consent-to-let with Magellan Homeloans.
Consent-to-let requirements differ from the Magellan Homeloans buy-to-let requirements.
Find out how to order your redemption statement request from Magellan Homeloans