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.

Questions and Answers: Paratus AMC consent to let

  • I am about to join the property ladder hoping to complete on a small house in Paratus AMC. I have a 40% deposit with a mortgage from Paratus AMC. My predicament is that my fiancee inherited a flat in Slough and I can foresee myself moving in next month, at which point I would have to let out my property. I have heard of consent to let but it does not sound like a guaranteed option. Is there any advice you can impart?

  • At the moment I am locked into a rental contract until November and am buying an apartment. Would my lender Paratus AMC object to granting consent to let until my tenancy ends and then moving in?
  • I moved out of my flat about seven months ago but didn't get around to get a consent to let letter, partly because the mortgage fix rate period is ending in 2 months and I am thinking about getting a new mortgage in any event. I want to ask for the letter now, is that going to be forthcoming?
  • I have a residential mortgage on a two bedroom ground floor purpose built maisonette in Ealing but have rented it out without letting Paratus AMC know this. I now require a consent to let letter. How can I get one?
  • My partner and I purchased a property in Liverpool with Paratus AMC and am moving to rent a property in Cambridge due to work. Is consent to let from Paratus AMCavailable? I only want to rent out the flat for half a year before selling.
  • Last month I bought a property with 10% deposit for personal reasons. A mortgage was taken with Paratus AMC. However my circumstances have now changed. I am being transferred overseas. Am I able to obtain consent to let from Paratus AMC and put the property up to let?
  • Is consent to let a cost efficient way of renting out your property? Isn't this a loophole for some borrowers to exploit?
  • I am currently remortgaging and exploring the flexibility of certain mortgage providers when it comes to consent to let. Paratus AMC is one of the mortgage companies I am thinking of going with. How accommodating are they are far as consent to let is concerned?