Consent to Let - The Mortgage Business Requirements
This page is designed to help property law practitioners on the The Mortgage Business conveyancing panel where the firm’s non-lender client wishes to rent out their property. Lawyers should still check the CML handbook requirements for The Mortgage Business. The information on this page is not focused on buy-to-let requirements but is isolated to situations where the borrower will need consent to let from The Mortgage Business.
Need help with "Consent to Let" from The Mortgage Business?
The Mortgage Business 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 The Mortgage Business. If the borrower wishes to let the property after completion then an application for consent to let should be made to The Mortgage Business by the borrower.
The application for consent to letting should be made to:
The Mortgage Business, PO Box 548, Leeds LS1 1WU Fax no. 0845 6039009
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 The Mortgage Business.
Consent-to-let requirements differ from the The Mortgage Business buy-to-let requirements.
Find out how to order your redemption statement request from The Mortgage Business