You or your chosen solicitor will need to forward a copy of the lease to us along with payment of our administration fee of £55 and our solicitors' fee of £225 + VAT. We'll then start our review.
If the proposed rental income doesn't provide adequate coverage of your mortgage repayments, we will need evidence of additional income from you to ensure you can cover the shortfall.
How long will you take to complete an application for lease consent?
On average these complete within 7 working days.