Need Help?

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

Sample questions relating to Virgin consent to let

  • I've got a current homeloan with Virgin approaching 3 years and the fixed rate is about to be renegotiated. We are looking at taking equity from our present address to enable us to buy a bigger house and then let out the current one bedroom apartment. We have had initial advice that we will get a new residential mortgage with a consent to let - what does this mean?
  • We are a young couple and we found a home flat in Islington that we like and wish to take out a mortgage with Virgin. Our concern is that I am pregnant and might give birth very soon as I am on the last few weeks of pregnancy. This wouldn't make it impossible for us to move straight away so we are contemplating living with our parents for about six months. In the meantime, if we secure this property, we can rent it out. I was just wondering how will that work out? Are we likely to be given consent to let by Virgin
  • Can you explain exactly what sort of service you provide - I have a mortgage with Virgin and I would like to apply for consent to let - do you assist with the application for this and help answer questions related to it?
  • I recently got a decision in principle from Virgin for a three bedroom house. I have applied via a broker. It is a capital and interest mortgage. I am curious as to what is the main criteria Virgin adopt in order to allow borrowers consent to let? Is consent to let based on the rental yield of a property?
  • We are looking to place our matrimonial home on rent due to work commitments and was wondering if this is possible to get consent to let. It is on a fixed rate mortgage with Virgin until 2018 December
  • I would like to know if I have a domestic mortgage with Virgin and decide to rent it out, does the rate change and are there any additional costs for applying for consent to let.
  • Do I require consent to let if I let to a family member (in my case my mum now lives there and contributes towards the Virgin mortgage)?
  • I am interested in consent to let for my property mortgaged with Virgin. How do I proceed? Do I have to call Virgin and get them to agree?