Consent to Let - MPowered Mortgages Requirements
All lenders have their own requirements when it comes to consent to let. This page sets out to enlighten property law solicitors on the MPowered Mortgages conveyancing panel where the firm’s non-lender client proposes to let out their property. It is not a substitute for checking the CML handbook requirements for MPowered Mortgages. The information on this page Is not to be read as buy-to-let legal advice but is isolated to situations where the borrower will need consent to let from MPowered Mortgages.
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MPowered Mortgages requirements state that if prior to 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 MPowered Mortgages. If the borrower wishes to let the property after completion then an application for consent to let should be made to MPowered Mortgages by the borrower.
The application for consent to letting should be made to:
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The content set out above covers to properties in England and Wales.
Other sites are avaialble targeted to borrowers for information and help on consent-to-let with MPowered Mortgages.
Consent-to-let requirements differ from the MPowered Mortgages buy-to-let requirements.
Find out how to order your redemption statement request from MPowered Mortgages