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.

Sample questions relating to Aldermore Bank consent to let

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

  • I am a first time buyer looking to purchase a detached house in Aldermore Bank. I have a 40% deposit with a mortgage from Aldermore Bank. My dilemma is that my fiancee owns a apartment in Birmingham and I anticipate moving in next month, at which point I would have to let out my property. I have heard of consent to let but it does not sound like there is any certainty. Is there any advice you can impart?

  • My husband and I currently live in Dubai and letting out our property in the UK. This is not something we planned but an opportunity arose and we took it. The rental income is insufficient to cover the mortgage so we send back funds each month to make up the difference. Yesterday our lender got in touch telling me that as the property is being let out and has been for nearly four years we will have to pay 1.5% interest in addition to our current mortgage rate. One option would be to sell up but this will be difficult as I am on the other side of the world. Could we remortgage with Aldermore Bank and get consent to let?
  • I have a three year fixed rate mortgage with Aldermore Bank which began in November. I will be moving out in August and have students ready to rent my property. I need to get a letter from Aldermore Bank granting consent to let until my term is up to allow me to refinance. How do I go about this?
  • My wife and I own a place in Hendon with Aldermore Bank and am moving to rent a property in Somerset due to work. Is consent to let from Aldermore Bankavailable? I am only looking to lease out the flat for half a year before selling.
  • How easy is it to obtain a consent to let from Aldermore Bank and what are the fees? If I want to let out my property for a few months how simple is it to chop and change between a normal mortgage and consent to let?
  • I wish to know all the factors and requirements in place to change my Aldermore Bank mortgage to a consent to let?
  • Do I require consent to let if I let to a family member (in my case my mother now lives there and contributes towards the Aldermore Bank mortgage)?