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Need professional advice for your consent to let with Platform Home Loans 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: Platform Home Loans consent to let

  • I am about to contact my lender Platform Home Loans explaining the following reasoning for my request for consent to let ; "I am having difficulties with the mortgage and thinking about a to move to a smaller property but can't sell. I wish to avoid defaulting on the mortgage and have considered giving back the property to you. If you granted consent to let this will likely solve matters." Is this likely to result in a positive response?
  • I had a chat with a IFA friend last week. She said that were I to decide to move abroad with my job for a period then I should not apply for consent to let from my lender (Platform Home Loans) until at least four weeks before I plan to rent out the flat. Does that mean I have to find a tenant first and then obtain a consent to let?
  • How easy is it to switch a standard mortgage with Platform Home Loans to a consent to let. It will be less than 65% loan to value and it would change from repayment to an interest only mortgage?
  • How many months do I have to live in the property before applying for consent to let from Platform Home Loans? I completed on my flat with a Platform Home Loans mortgage back in September.
  • If I am tied into a fixed rate with Platform Home Loans but am deliberating on letting out my property, is there a cost for consent to let from Platform Home Loans and does the interest rate alter?
  • Me and my husband have a mortgage with Platform Home Loans but am informed they have a stipulation that they refuse to grant consent to let the property to a local authority. Is this correct and if so, can you suggest a way to bypass this?
  • I would like some advice on how best to approach my mortgage company Platform Home Loans regarding a 'Consent-to-Let' application. Is this a task you can offer guidance on ?
  • My OH and I would like to obtain consent to let on a house where we have a mortgage with Platform Home Loans. If issued, how long would consent be given for? In asking for consent to let from Platform Home Loans are we running the risk of them forcing us to change deal to buy to let