Need Help?

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

ASTRA mortgages consent to let: Q and A’s

  • Hello, I have a mortgage on a flat with ASTRA mortgages and I am contemplating the idea of letting my property out. Could this be done without switching my mortgage or obtaining consent to let from ASTRA mortgages?
  • Are you able to give me a little info on what the procedure is for applying for content to let, what do I need to do. I am considering a ASTRA mortgages mortgage on a £140,000 property Springnext year. The intention is to hold the house as a second home but I need to know what options are available to me to let the property in the future. If our situation was to change the house would either be sold or let out.
  • Eighteen months ago my wife and I bought our council house, in Lambeth,recently valued at £240k. It's completely paid for from our own finances, mortgage fee. We can't sell (without penalty of losing some of our discount) before 5 years have expired. Regardless, we would like to hold onto it as a investment property to lease out. We are considering taking out a mortgage with ASTRA mortgages. If ASTRA mortgages refuse are there lenders that will allow this and grant consent to let?
  • I recently got married and my wife and I would like to buy a family home in the coming year, whilst keeping our studio flat in Waltham Forest we currently live in to rent out. Mortgage on the flat is with ASTRA mortgages. I wish to avoid putting myself in a situation with two residential properties and then be refused consent to let.
  • Will ASTRA mortgages choose to exercise a right to switch the rates on a owner-occupier mortgage where Consent to Let at any time, onto ‘rates equivalent to their BTL range'? Can one refinance on a consent to let with ASTRA mortgages?
  • Me and my husband want to let our house out and use the rental income to cover the rent on a house in Bromley. What are the chances of being given consent to let by ASTRA mortgages without being forced into a new rate.
  • I am considering relocating with work and would need to rent my property out. I have a mortgage with ASTRA mortgages. My property is worth approx £200k and owe £57k on it. Do you think ASTRA mortgages increase my mortgage rate?
  • I was just wondering if there are any costs in obtaining consent to let on a freehold property when I have a mortgage with ASTRA mortgages