Consent to Let - Precise Mortgages Requirements
The content herein aims to help property law firms on the Precise Mortgages conveyancing panel where their borrower client wishes to let out their property. It is not a substitute for checking the CML handbook requirements for Precise Mortgages. 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 Precise Mortgages.
Need help with "Consent to Let" from Precise Mortgages?
Precise Mortgages requirements state that if ahead of 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 covers 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