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Need professional advice for your consent to let with Aldermore Bank PLC? 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 Aldermore Bank consent to lease

  • For the last few months I have been letting out my flat in Croydon. I didn't obtain consent to let. I moved to Surrey for work and couldn't do a commute but was nervous that Aldermore Bank would charge me silly money so I decided to take the risk. I'm looking to do the right thing now... basically carry on letting it but with consent. What course of action do I take now?
  • My property recently got consent to let on a standard loan with Aldermore Bank with the intention of switching to a buy-to-let rate when the fixed rate expires in a few months' time, so I'm uncertain if this adds to the complexity of the issue! Any advice gladly appreciated.
  • I need to decide what to do ie let or sell. The property has a mortgage against it with Aldermore Bank (with fair amount of equity). We are planning to move out of Leeds and if at all possible want to lease out our house with consent to let from Aldermore Bank and use the income from that to help get approval for a 2nd mortgage for a house to live in. What is the best way to fund a second mortgage without selling my old property and using the equity as a deposit for the new property. Is there anyway I can change my old mortgage to a buy to let mortgages or obtain consent to let and take on a second mortgage without having a deposit to put down.
  • I wish to know what the criteria is for Aldermore Bank for consent to let. I have come across differing suggestions in relation to fees and rates. I need to move area for work but I don't want to sell the property due to a difficult market.
  • I’ve already been told to write a letter to Aldermore Bank to obtain consent to let, I'm just trying to find some guidelines on the letter? What I should or shouldn't include?
  • Hi my partner and I own and live in 2 separate properties can I obtain consent to let from Aldermore Bank and let my studio flat out if I move in with her?
  • I want to get consent to let from Aldermore Bank for a few years until I can move onto a BTL. Is this possible
  • What are the implication if I have already leased out the property for a number of years as an HMO and now wish to go legit with Aldermore Bank by getting consent to let ? (work on the basis that Aldermore Bank had in the past given a residential mortgage previously)