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

Examples of recent questions relating to Rooftop Mortgages consent to let

  • Bottom line - if worst comes to the worst what action Rooftop Mortgages can take if I have rented my property if consent to let is not first obtained?

  • I currently have a mortgage with Rooftop Mortgages and the loan to value is currently 60% with the Rooftop Mortgages current book value and would like to purchase a further property but would like to keep my existing property at the current market value. I have consent to let from NRAM on a previous property so know a bit about them and I also have buy to let with Accord on another property. Does the expected rental income on a consent to let with Rooftop Mortgages need to exceed the mortgage repayments? I have a fixed rate which I tied into a fixed rate and left the term at 18 years so it was paid off as early as possible, obviously this leaves with quite a high monthly repayment.
  • I may have the chance to go and work abroad in a couple of years. I am therefore potentially downsizing to a newbuild apartment in Islington which I could rent out more easily as and when required. I would aim to retain half the equity in the new apartment which would be my home for a while. My current mortgage co will only provide consent to let for 12 months. I suspect renting it out longer term and not having consent could land me in a whole heap of legal issues. Buy-to-let seems inappropriate when I will be living there, perhaps for 2-3 years initially. What type of mortgage should I be seeking, and from which lender? Do lenders such as Rooftop Mortgages grant consent to let for more than a year?
  • I bought a two bedroom first floor purpose built flat in Bromley twelve months ago and have a two year fixed rate mortgage with Rooftop Mortgages. Looking to move in with my partner within the next six months and would like to rent my property. Would like to be better informed as to the process.
  • I need to send the consent to let form by courier and wanted to know if Rooftop Mortgages have a regular mailing address I can use as couriers usually will not accept deliveries to PO Box numbers.
  • Were I to let my property with consent to let from Rooftop Mortgages will will theybump up the interest rate? I am presently on a standard variable rate.
  • Can I remortgage with Rooftop Mortgages with consent to let if my fixed rate is reaching it’s end. Circumstances would not have changed.
  • I took a residential mortgage with Rooftop Mortgages, and I would like to let the flat out, until I decide whether to sell or retain it as an investment. As things stand I am on the standard variable rate. Will I need to remortgage? I.E. buy to let?