Consent to Let - Magellan Homeloans Requirements
The content herein aims to help conveyancing practitioners on the Magellan Homeloans conveyancing panel where their client proposes to rent out their property. Lawyers should still check 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 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 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 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 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