Need Help?

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

Questions and Answers: ITL Mortgages consent to let

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

  • Exciting times as my better half and I plan to return to New Zealandin Month, perhaps short-term but it could be longer term. I have contacted ITL Mortgages to obtain consent to let out our home in ITL Mortgages. I have had a mortgage with ITL Mortgages for 5 years and there have been no arrears. ITL Mortgages inform me, that even if they give permission, that this will be a temporary arrangement for one year. After the year is up what happens next?

  • I am with ITL Mortgages and just had to ask for consent to let, but wondered if they have any conditions on the level of rental to be received?
  • I currently have a mortgage offer with ITL Mortgages. With any luck I will complete in the coming weeks, however it looks as though I may be posted overseas for work. How likely is it for me to get consent to let from ITL Mortgages within a few months of completing. Do I have any other options?
  • Was wondering how to seek a consent to let from ITL Mortgages who I have a mortgage with. There is a remaining balance of 87k. The value of flat is 110k. Property is in my name but my wife and I would like to purchase a one bedroom apartment in Sutton we have seen together. How do we go about this?
  • I am looking to get consent to let with my ITL Mortgages residential mortgage. It is a detached house. Will ITL Mortgages grant consent on this basis? Or would it be regarded as an HMO?
  • I would like advice as to how to proceed with obtaining consent to let from ITL Mortgages and what, if any, cost apply.
  • Do you know if there is normally a required loan to value amount before ITL Mortgages will consider consent to let?