Consent to Let - Masthaven Bank Requirements
All lenders have their own requirements when it comes to consent to let. This page sets out to enlighten property law solicitors on the Masthaven Bank solicitors panel where their borrower client proposes to let out their property. Lawyers are advised to the CML handbook requirements for Masthaven Bank. 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 Masthaven Bank.
Need help with "Consent to Let" from Masthaven Bank?
Masthaven Bank requirements state that if in advance 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 Masthaven Bank. If the borrower wishes to let the property after completion then an application for consent to let should be made to Masthaven Bank by the borrower.
The application for consent to letting should be made to:
As per 14.2.1.
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 Masthaven Bank.
Consent-to-let requirements differ from the Masthaven Bank buy-to-let requirements.
Find out how to order your redemption statement request from Masthaven Bank