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.

Sample questions relating to Atom Bank consent to let

  • Can one refinance on a consent to lease with Atom Bank?

  • I am contacting you on behalf of my nephew who has a mortgage with Atom Bank. He wanted to find out if there is a charge for granting consent to let? He has been in his property for two years but has been offered a job abroad away for 2 years and is considering letting the home out while he is away.
  • A year ago my bank (not Atom Bank) granted me with consent to let. This was subject to a provision that every 6 months they would add a charge of 0.5% of the remaining mortgage amount. Having the first few payments they have omitted to make the charge in recent months. This may be no more than a basic computer error but I am nervous that it would also mean I no longer have Consent to Let.
  • I have a apartment in Lambeth with a Atom Bank mortgage but I no longer reside there. My sister moved in but pays no rent. At the moment I live in rented accommodation and am looking to purchase a house. I have identified a great property at an attractive price. I have sufficient for a deposit to put down on the house I am interested in but would find it difficult to pay enough off the old property to switch it to a BTL mortgage simultaneously. Can I switch the current Atom Bank mortgage for my old flat into a consent to let and use my reserves to pay a larger deposit for the homeowner mortgage on the property that I am looking to purchase?
  • My fiance and I are trying to figure out which mortgage providers are best for granting consent-to-let without hiking up rates, and hopefully permitting more than 2 years if necessary. Is that something you can help with? We are particularly interested in Atom Bank
  • Is there flexibility in the accepted equity ration before switching from a current Atom Bank mortgage to a consent to let?
  • I would like to find out more about obtaining consent to let on a property. In particular what is the procedure for consent to let if you have a homeowner mortgage with Atom Bank
  • What, if any, income criteria do Atom Bank set for consent to let on an existing standard mortgage?