Need Help?

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.

Examples of recent questions relating to ASTRA mortgages consent to let

  • I have my maisonette in Wandsworth on the market but notwithstanding a few viewers there is a lack of interest so far. As a fall back position I am considering renting out the property if cant find a buyer. I dont think I will have a problem getting consent to let from the freeholder. My mortgage broker has told me that in such a scenario I may have to switch to a buy to let product yet I probably don't have sufficient equity. What's my exposure if I were to retain the existing ASTRA mortgages home loan and let the property out without telling them I was told that they can put a marker on you for mortgage fraud once find out. Is that right?
  • Much to my surprise I have just been presented with an excellent job opportunity for eight months abroad. I have enough savings to meet the monthly ASTRA mortgages mortgage however the block insurance stipulates continuous residency in order to be valid. Last winter the roof had some leaks that were repaired. Should there be any problems through the winter months I would find it hard to afford remedial works. Would I be eligible for consent to let by ASTRA mortgages for a limited period?
  • Am with ASTRA mortgages and wonder if I am duty bound to notify them if we no longer reside in the property. I believe that they could bump up the interest rate if we move and rent it out but it's far from apparent what the change would be. If I decide to let my property out and seek consent to let how would the payments increase?
  • Me and my partner bought a apartment in Newcastle and will be moving to Cornwall at the end of February. I have a letting agency and tenant now. I was proposing to keep quiet as I'm afraid ASTRA mortgages will say I have to change my mortgage rate for buy to let which is not economically feasible. I would like to gain a consent to let via ASTRA mortgages but am afraid if I open Pandora's box it would result in no end of problems
  • My husband and I have a ASTRA mortgages home loan currently and potentially wish to let it out temporarily with consent from ASTRA mortgages for (eighteen months). Just wanted to know is it something that is obtainable relatively quickly?
  • If I am tied into a fixed rate with ASTRA mortgages but am considering letting out my property, is there a cost for consent to let from ASTRA mortgages and does the interest rate alter?
  • My ASTRA mortgages mortgage fixed rate ends in January and have to move with work soon after. What are the chances that I will be able to both remortgage and get consent to let?
  • Will ASTRA mortgages grant consent to let my house? I currently have a residential mortgage, never had arrears and have been with ASTRA mortgages for about three years now. What costs am I likely to face