Need Help?

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

Common questions relating to Atom Bank consent to lease

  • I am about to join the property ladder looking to purchase a terraced house in Atom Bank. I have a significant deposit and expect a mortgage from Atom Bank. My concern is that my fiancee inherited a apartment in Birmingham and I anticipate moving in next month, when I would have to let out my property. I understand that consent to let is required but it does not sound like a guaranteed option. Is there any advice you can impart?

  • I need to change my homeowner mortgage with Atom Bank to a consent to let and looking for some help... I bought my first property in London in 2011. After a career opportunity I moved to Belfast, and a few months ago got a residential joint-mortgage with my partner. I am inclined to keep with Atom Bank and seek consent to let rather than attempt to apply for a new mortgage elsewhere, but if Atom Bank turn me down what lenders can I approach.
  • My plan is to move home. The query I have is whether consent to let will be given on my property for me to then obtain a mortgage for the new house so I can effectively bid chain free and then rent my property out once I move. Will Atom Bank grant consent to let for six months? Assuming the letting goes to plan can the consent to let period be continued?
  • After 17 years in Manchester, I'm considering relocating to be nearer to family. We've only been homeowners for the last two years and about to remortgage with Atom Bank. In the relocation destination, we are be looking at a 4 bedroom house around the £250k mark. Ideally, we would like to keep hold of my existing flat. Could I ask for Consent to Let from the proposed new lender Atom Bank. If granted what are the likely conditions?
  • I am looking at moving abroad for work and would like consent to let from Atom Bank whilst I am away. Is the way forward to complete the consent to let form and send it off in the post to Atom Bank? The point of renting the property isn't to make money but to keep the house in case things don't work out
  • My marital situation has changed, and I wish to rent my property out - meaning consent to let- I have approx £140K loan with Atom Bank and currently 90k equity I need to avoid the redemption penalties.
  • I would like to know if I have a residential mortgage with Atom Bank and decide to let it out, does the rate increase and are there any associated charges for seeking consent to let.
  • Is consent to let a cheaper way of renting out your property? Isn't this a loophole for some people to exploit?