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.

Frequently asked questions relating to Paratus AMC consent to lease

  • My mortgage is nearing renewal with Paratus AMC. The house has been tenanted for a few years and I now realise that I need to notifyParatus AMC. I am led to believe that I must apply for consent to let, but given that the property has previously been let out for a considerable time could they decline - insist I go onto a BTL rate and even fine me? I have over 25% equity in the house - and the rent will more than cover the mortgage.
  • Me and my wife bought a property ten years ago with the help of a housing association, I own half through mortgage and rent the remaining half. In January 2013 I purchased a new home. I let out my first house and moved to my new home. I got consent to let from my mortgage company and I believed I had consent to let from the housing association. Yesterday I had a letter from the housing association advising they had nothing on record to say I had procured permission to sublet. What do I do now?
  • We have a fixed rate mortgage with Paratus AMC for two yrs and have been living in the apartment for about half a year. Due relationship issues I need to relocate so I would like to rent the place out. What is the best way to go about getting consent to let from Paratus AMC?
  • Me and my OH have a flat in Ealing which we purchased off-plan approximately eight years ago. As childen are growing up we are looking for more space. We've identified a house in Hounslow that we wish to buy and want to keep the flat as an investment to rent out. The mortgage is with Paratus AMC and we've found a tenant who will pay rent in excess of the monthly mortgage payment. My query is, can we hold onto the repayment mortgage with Paratus AMC so we effectively paying off our loan on the property or must we to swap to a buy-to-let product?
  • Is there a maximum period that Paratus AMC is willing to issue Consent To Let for?
  • I don't currently have consent to let from Paratus AMC but I would like to apply, I am looking at working away for two years. But want to keep my home for when I come back - are you able to help?
  • How do I go about getting a consent to let application form from Paratus AMC and how quickly can I get the consent?
  • I currently have a mortgage with Paratus AMC that I would like to transfer to a consent to let as we have found another property we are looking to buy. How do I apply for consent to let from Paratus AMC and what are the steps within the process?