Need Help?

Need professional advice for your consent to let with Aldermore Bank PLC? There are various implications when it comes to letting out your property with an existing residential mortgage - you should seek professional assistance.

Frequently asked questions relating to Aldermore Bank consent to lease

  • Aldermore Bank have just granted me consent to let. After some effort, Aldermore Bank have issued me with ‘consent to let’ confirmation . There is reference to an assured shorthold tenancy. What is that?

  • I will soon be moving to Hong Kong. As opposed to sell my house, I would like to lease it out, just in case things don’t pan out. My existing mortgage is with Aldermore Bank. If I looked to remortgage would a new lender view this as me trying to avoid a Buy To Let mortgage, of which there is very limited availability for 80% LTV, and therefore reject my request for Consent to Let?
  • What are the chances of Aldermore Bank in granting Consent To Let on a garden flat? Agents have had it on the market for three months. I am keen to sell but I'm anxious that given the lack of interest I will have to get a tenant in to cover the monthly payments to Aldermore Bank (I no longer reside there). My preference is to be open with Aldermore Bank than keep them in the dark but I'm not sure how understanding they would be.
  • It seems as though I will have the chance to go and work abroad in a couple of years. I am therefore thinking of downsizing to a newbuild apartment in Merton which I could rent out with less difficulty when the time comes. I would aim to keep half the equity in the new property which would be my home for a while. My existing mortgage provider will only grant consent to let for a year. I anticipate renting it out longer term and not having consent could land me in a whole heap of trouble. B2L seems inappropriate given that I will be living there, perhaps for 2-3 years initially. What product do I ask for, and from which lender? Would, for example, Aldermore Bank give consent to let for more than a year?
  • Just enquiring if it's possible if you own one property with consent to let from Aldermore Bank, to purchase a second with a domestic mortgage to live in. Then once the consent runs out on the first property, to change to buy to let or sell it?
  • I am seeking from Aldermore Bank consent to let out my house in Havering. I am going to live with my mother as I am off work through illness.
  • I have a mortgage with Aldermore Bank on a two year fixed rate. I could have chance of a teaching post overseas next summer. Am I eligible for consent to let by Aldermore Bank if I took this opportunity abroad?
  • I have a mortgage with Aldermore Bank at present and just wondering if there any costs for obtaining consent to let