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Do I need to inform my mortgage lender if I want to let out my property?

You will need to gain permission called ‘consent to let’ from your mortgage lender to let your property out or you may need to change your mortgage to a Buy to Let mortgage. Your mortgage provider may impose special conditions, which you will need to inform us about. If you are looking to buy a property with the intention of letting the property out, you may be able to obtain a Buy to Let mortgage where the permission is already granted.