Letter to Lender requesting Consent to Let Commercial Property
This Letter to Lender requesting Consent to Let Commercial Property should be printed on the landlord's headed paper. It is addressed to the landlord’s lender and asks for consent to the grant of a business lease.
The landlord should check the conditions of his mortgage before sending this Letter and should amend the Letter to suit the circumstances. The lender may have given blanket consent to lettings of a certain type, in which case the lender’s consent may not be required. However, many loan agreements will prohibit the letting of the property without the lender’s consent.
The heads of terms and information about the proposed tenant (such as accounts and references) should be enclosed and the lender will at a later stage require a copy of the agreed form of lease.
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Letter to Lender requesting Consent to Let Commercial Property is part of Property Documents. Just £35.00 + VAT provides unlimited downloads from Property Documents for 1 year.