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Consent to Lease - Lloyds

EagerBeaver2015 Posts: 1 Newbie

23 January 2015 at 6:06PM in Mortgages & endowments

Evening,

I have scoured the forum for information on this and have found a few useful facts but still feel a little in the dark.

I took a mortgage out with Lloyds mid last year. L:V 30% on a 2-year fixed rate. Circumstances have changed and it is likely I will be moving around June. I'm going to temporarily move back with my Parents and am looking to rent out. I know I need a consent to lease but wondered what the penalties would be on the current deal I have, if any.

When I took the mortgage out, I spoke to the advisor about the possibility of moving and he made the consent to lease sound like a quick paper exercise. Comments made on here make me think otherwise.

What are your thoughts?

Cheers!

This discussion has been closed.

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Consent to Lease - Lloyds

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