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

Recently asked questions relating to ASTRA mortgages consent to lease

  • I have a residential mortgage nearing reissuing with ASTRA mortgages. The house has been tenanted for a couple of years and I now realise that I need to notifyASTRA mortgages. I understand that I can ask for a consent to lease, but given that the property has previously been rented out could they decline - insist I go onto a BTL mortgage or even fine me? I have over 25% equity in the house - and the rent will more than cover the mortgage.
  • I am currently in the process of emigrating to California . Rather than sell up, I wish to lease my current property out, just in case things turn out badly and I decide to come back within a couple of years. I have a current mortgage is with ASTRA mortgages. Would I be able to remortgage with another mortgage provider on a much lower interest rate then apply for Consent to Let after the refinancing is in place?
  • I have a home loan with ASTRA mortgages on a property and I intend to find a tenant for it out and rent another house due to changes in personal circumstances - I want to move to a new area, and to live in a bigger property with my fiance. I sought consent to let and just got a response refusing as they considered that I want to invest. I dont know what to do next. I find myself at risk since I am already committed to the new house and would have to pay both the ASTRA mortgages mortgage and rent payments, which could put me at financial risk. The matter is urgent because a potential tenant at the ready
  • I appreciate the GGT implications of switching a ASTRA mortgages mortgage to consent to let, but what about the ongoing rental revenue vs expenses? Say I changed my former owned studio flat into CTL and moved out and pay rent elsewhere. Is there any way to expense the rent I am paying from the rental revenue?
  • I have split up with my wife and we have each moved into our parents house and plan to divorce. What do I have to do to get ASTRA mortgages to give consent to let our house out to tenants?
  • I have a mortgage with ASTRA mortgages on a 2 year fixed term contract. I could have chance of a teaching post abroad next year. Would I qualify for consent to let via ASTRA mortgages were I to accept this opportunity abroad?
  • How likely is it that ASTRA mortgages force me into a consent to let product whilst in a fixed rate product for twenty four months?
  • I'm considering a remortgage offer with ASTRA mortgages and it's a strong possibility that I will end up asking for consent to let at some point in the fixed period. Are there any penalties I should that may be applicable?