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.

Recently asked questions relating to Vida Homeloans consent to lease

  • My wife and I have a Vida Homeloans home loan and are never missed a loan payment, in gainful employment etc. Can you tell me how much it will cost and if Vida Homeloans usually grant consent to let without transferring to a commercial rate?

  • I have a standard mortgage with Vida Homeloans and will be joining the Royal Fleet Auxiliary in January. This is a civilian manned fleet owned by the Ministry of Defence. I will be at sea four months on and three months in the UK. Whilst on assignment I want to rent out my property in Wandsworth and move in with my father when on shore. I am confident that my rental income would cover my monthly repayments. Can you help?
  • I rented my house out for three years from 2009-2012 while employed in New York. I have a letter dated May 2010 from my mortgage company granting consent to let. In the letter it explicitly states that the consent to let is valid for "the remaining term of the mortgage". I have not remortgaged since the letter was issued. I now plan to move house and rent out my existing house. However, my mortgage advisor has suggested that the 2010 consent to let letter may not be acceptable to the new lender Vida Homeloans for the house I intend to buy.Your view would be appreciated
  • We wish to be informed of what the policy is for Vida Homeloans for consent to let. I have heard differing suggestions in relation to charges and rates. I need to move area for work but I don't want to sell the house due to a depressed market.
  • I'm thinking about letting my property on a residential mortgage with Vida Homeloans what is the procedure for getting consent to let?
  • I am thinking about renting out my property via a consent to let from Vida Homeloans, what fees are likely to be incurred?
  • We are intending to switch mortgage provider to Vida Homeloans for a fixed rate but during this period would need to rent the apartment out for approximately one year. Do Vida Homeloans consent to let on fixed rate home loans and if so, what are the costs.
  • My wife and I may have to lease our home temporarily due to a new job. This will be for a limited period but no more than threeyears. Should I tell Vida Homeloans or it is wise to keep my head down?