Consent to Let - Precise Mortgages Requirements
The purpose of this page to assist conveyancing practitioners on the Precise Mortgages solicitors panel where their client wishes to let out their property. Lawyers are advised to the CML handbook requirements for Precise Mortgages. The information on this page is not focused on buy-to-let requirements but is restricted to situations where the borrower will need consent to let from Precise Mortgages.
Need help with "Consent to Let" from Precise Mortgages?
Precise 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 Precise Mortgages. If the borrower wishes to let the property after completion then an application for consent to let should be made to Precise Mortgages by the borrower.
The application for consent to letting should be made to:
Mortgage Servicing Team at PO Box 6075 , Wolverhampton, WV10 6TD or 0800 298 5714
The content set out above is in relation to properties in England and Wales.
Other sites are avaialble targeted to borrowers for information and help on consent-to-let with Precise Mortgages.
Consent-to-let requirements differ from the Precise Mortgages buy-to-let requirements.
Find out how to order your redemption statement request from Precise Mortgages