Need Help?

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

Top Five Questions relating to Vida Homeloans consent to lease

  • My partner and I may need to rent out our Tower Hamlets home temporarily due to a career opportunity. This will be short-term but possibly for as long as three years. Do I inform Vida Homeloans or am I best advised to not rock the boat?

  • We have a fixed mortgage with Vida Homeloans (with just under eighteen months remaining) but due to redundancy want to move away from Essex (actually to a new job in Belgium) and so wish to rent the property out. We are keen to avoid the expense of an early redemption charge and understand that some lenders are willing to provide this 'consent'...what is the approach adopted by Vida Homeloans?
  • I have a mortgage with Vida Homeloans however my husband and I will be relocating to Australia in September. The mortgage is in my name yet it is my husband's job that is taking us abroad how do I answer the question: 'please indicate why you wish to let the property':
  • I'm six months into a two year fixed mortgage with Vida Homeloans. The LTV is just 50%. I've found a really good deal on a one bedroom apartment in Hounslow which I don't want to miss. It seems the only way to purchase the other property is to take out some good chunk of equity. I would let the current property which would adequately cover the homeloan with Vida Homeloans. Is it possible to obtain consent to let from Vida Homeloans and ask for additional borrowing after it's rented?
  • I have a residential mortgage with Vida Homeloans and require consent to let. What are the criteria and procedures that I need to be aware of in order to obtain consent?
  • I am trying to find out if it is possible to get a consent to let mortgage with Vida Homeloans rather than a buy to let mortgage
  • Do Vida Homeloans grant consent to let? I am just considering this as an option if I move home in the coming months
  • I am planning on relocating within the next six months and wish to lease my flat out. My mortgage rate is fixed with Vida Homeloans. I am concerned that a rate hike would be too much if that was linked to obtaining consent to let