Consent to Let - ModaMortgages Requirements
All lenders have their own requirements when it comes to consent to let. This page sets out to enlighten property law practitioners on the ModaMortgages solicitors panel where their borrower client wishes to rent out their property. Lawyers are advised to the CML handbook requirements for ModaMortgages. The information on this page is not focused on buy-to-let requirements but is restricted to situations where the borrower will need consent to let from ModaMortgages.
Need help with "Consent to Let" from ModaMortgages?
ModaMortgages 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 ModaMortgages. If the borrower wishes to let the property after completion then an application for consent to let should be made to ModaMortgages by the borrower.
The application for consent to letting should be made to:
Not applicable as we currently specialise in buy-to-let lending only.
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 ModaMortgages.
Consent-to-let requirements differ from the ModaMortgages buy-to-let requirements.
Find out how to order your redemption statement request from ModaMortgages