Need Help?

Need professional advice for your consent to let with April Mortgages? 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 April Mortgages consent to let

  • At the moment I am locked into a rental contract until September and am buying an apartment. Would my mortgage provider April Mortgages object to granting consent to let until my tenancy ends and then moving in?
  • I have a current mortgage contract with April Mortgages and wish to clarify if it would be possible to receive consent to let out our studio flat in Hackney.

    The reasons(s) for wishing to find tenants for the property are are due to: -

    • Me and my wife will be relocating to Hong Kong early next year.
    • By renting out the house this will facilitate savings to support the migration process.
    • It would be pointless from a monetary perspective to pay outright for a property which we are not living and by renting out the home this would be deemed as continuing investment.

    If April Mortgages agreed that we are able to proceed with renting we would suggest some financial commitments which are as follows: -

    • Maintain paying the monthly mortgage payment by direct debit.
    • Retain the services of an approved letting agent who will provide a rent guarantee scheme as a further financial protection.
    • Supply our forwarding address for when we emigrate.
  • A colleague recently asked for CTL from the Woolwich which they declined because the mortgage had not been going for six months. I am about to ask for consent to let from April Mortgages. Do they have the same rule?
  • I am currently looking to purchase my first home however, I am self employed. I want to chose a mortgage company that will permit short term letting with a domestic mortgage so that I could rent out the property for 6-9 months with long periods of absence without being required to switch to a buy to let product. Can you let me know how lenders would view this and specifically the stance taken by April Mortgages.
  • Can I remortgage with April Mortgages with consent to let if my fixed rate is coming to an end. Circumstances would not have changed.
  • How do I go about getting a consent to let by April Mortgages? Is there specific requirements for example you have to have owned the property for a year before its granted?
  • April Mortgages - consent to let potential. Can you advise on the process with this lender? Do they have a minimum period prior to changing to this and a minimum LTV?
  • Do you know if there is usually a required LTV before April Mortgages will give consent to let?