Consent to Let - The Mortgage Lender Requirements
The content herein aims to help conveyancing firms on the The Mortgage Lender conveyancing panel where their client wishes to rent out their property. Lawyers should still check the CML handbook requirements for The Mortgage Lender. 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 The Mortgage Lender.
Need help with "Consent to Let" from The Mortgage Lender?
The Mortgage Lender 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 Lender. If the borrower wishes to let the property after completion then an application for consent to let should be made to The Mortgage Lender by the borrower.
The application for consent to letting should be made to:
Not applicable - we do not consent to letting on residential (owner occupied) mortgages
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 Lender.
Consent-to-let requirements differ from the The Mortgage Lender buy-to-let requirements.
Find out how to order your redemption statement request from The Mortgage Lender