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Who Should You Consult Before Letting Your Property?

Before you can let your property, you need to inform a number ofparties.

Your Mortgage Lender

If you have a buy to let mortgage, then obviously there is no need to inform the mortgage lender, although check the mortgage agreement as some lenders do not allow tenants who are claiming housing benefit. If you have a normal residential mortgage then you should inform the mortgage lender, some lenders may charge a slightly higher interest rate if you let your property. It is extremely unlikely that you would ever be refused permission to let your property. If you bought a property to live in and then was subsequently transferred to work in a different area, or perhaps moved in with a partner, you would not be expected to leave a property unoccupied.