Need Help?

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

Recently asked questions relating to Paratus AMC consent to lease

  • After 17 years in the capital, I'm considering relocating to be nearer to family. We've only been homeowners for the last two years and about to renew our mortgage with Paratus AMC. In the relocation destination, we are be looking at a 4 bedroom property around the £350k mark. I would preferably like to keep hold of my existing flat. Could I ask for Consent to Let from the proposed new mortgage provider Paratus AMC. If granted what are the likely requirements?
  • My partner and I may have to lease his studio flat out. I am aware that I need a consent to let by Paratus AMC. We plan on joining a landlord association if we decide to let the flat, but which one should we register with? We've come across the RLA and National Landlords Association.
  • The likelihood is that I will have the opportunity to work overseas in a couple of years. I am therefore thinking of downsizing to a newbuild flat in Islington which I could rent out more easily when the time comes. The intention is to retain 50% equity in the new flat which would be my home for a while. My existing lender limits consent to let for a year. I expect to be renting it out longer term and not informing them could result in a whole host of trouble. BTL seems unnecessarily expensive given that I will be living there, perhaps for 2-3 years initially. What product should I be seeking, and from whom? Would, for example, Paratus AMC provide consent to let for more than a year?
  • We are in need of a bigger house so our kids don't have to bunk together. We are thinking about buying another house in the near future. The house is worth £240,000 and we have about £65k left to pay on the Paratus AMC mortgage. We would prefer to keep this house as an investment property and rent it out with consent to let. Can you have a mortgage on two properties at the same time or do we need to fully pay off our current mortgage first?
  • I have a Paratus AMC mortgage currently and may wish to let it out for a limited period of time with consent from Paratus AMC for (1 year). Just wanted to know is it something that is obtainable relatively quickly?
  • I am considering moving abroad for work and would like consent to let from Paratus AMC whilst I am away. Is the way forward to complete the consent to let form and mail it to Paratus AMC? The point of renting the property isn't to make money but to retain the house in case things don't work out
  • There is a chance of me going to Aus for twelve months with work. Planning on taking the husband with me and hoping to rent our Islington home in the meantime on a short term basis to make things more cost effective. I was just enquiring I have filled in my application form but I'm unsure where to send it
  • Will Paratus AMC give consent to let my home? I have an existing residential mortgage, never been in arrears and have been with Paratus AMC for approximately six years now. What charges am I likely to face