Need Help?

Need professional advice for your consent to let with Foundation Home Loans? 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 Foundation Home loans consent to lease

  • Bottom line - if worst comes to the worst what action Foundation Home loans can take if I have rented my property in the absence of consent to let?

  • What information do Foundation Home loans require to to determine whether to grant consent to let. I have a 3 year fix with them. I have a good track record of mortgage payments over several years. I am looking at moving to Haringey due to surprising growth of family. I will be retaining my current job and my salary has gone up 20% since the mortgage commenced.
  • I have been naive in not informing Foundation Home loans that I’m leasing my flat out. I would like rectify the situation and request consent to let. If Foundation Home loans says yes, how would you rate the chances of them finding out historically that the property was let without consent?
  • Yesterday got a DIP from Foundation Home loans for a mid terraced house. I have applied through Right to Buy. It is a capital and interest mortgage. I am curious as to what is the main criteria Foundation Home loans adopt in order to allow customers consent to let? Is consent to let based on the rental yield of a property?
  • My Foundation Home loans mortgage rate comes to an end this June can I move to a interest only with consent to let?
  • I want to buy a new house but can't afford to sell the existing apartment with a Foundation Home loans mortgage. Do you know acceptable terms for Foundation Home loans to grant consent to let? Is getting married and having kids a sufficient reason to make the request?
  • I am potentially moving in with my girlfriend at her home and would like to rent out my property that I bought thirteen months ago, I'm just not sure of the process as my property is my first home. What hoops do I need to jump through to gain consent to let from Foundation Home loans If I obtain consent will my mortgage payments increase?
  • Do you know if there is normally a maximum loan to value amount before Foundation Home loans will consider consent to let?