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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

  • Can you clarify if consent to let obligatory from ASTRA mortgages or can I rent out my basement flat without telling ASTRA mortgages and having to switch to a buy-to-let mortgage?

  • I am a first time buyer looking to purchase a terraced house in ASTRA mortgages. I have a 40% deposit with a mortgage from ASTRA mortgages. My predicament is that my girlfriend inherited a apartment in Maida Vale and I anticipate moving in next month, at which point I would want to let out my house. I have heard of consent to let but it does not sound like there is any certainty. Can you offer any advice?

  • I would like to let my existing property as I wish to purchase a larger house for the family. I have a two year fixed mortgage with ASTRA mortgages. On the basis I get the consent to let as I understand banks are more than likely to push me towards getting BTL mortgage when the fixed term comes to an end. Could I remortgage after a couple of years with another lender? Will it have to be buy to let mortgage and not a homeowner mortgage?
  • In the coming months I am looking to move house and I am curious as to whether I can get consent to let on my house then get a mortgage approval for the new house so I can put in an offer without being part of a chain and then let my property out when I move. Is it likely that ASTRA mortgages grant consent to let for 12 months if they know I am looking to purchase somewhere else or only where one is moving temporarily for career reasons?
  • How simple is it to get a consent to let from ASTRA mortgages and what will it cost me? If I want to let out my property for a few months how easy is it to fluctuate between a normal mortgage and consent to let?
  • My marital situation has changed, and I wish to lease my property out - meaning consent to let- I have approx £200K loan with ASTRA mortgages and currently 90k equity I need to side-step the early repayment fees.
  • Just looking for some information. I already have a mortgage in place with ASTRA mortgages. I have had approval to temporarily rent out my flat from the managing agents and they asked if I have consent to from ASTRA mortgages.
  • Last month I acquired a flat using a ASTRA mortgages mortgage. However I am currently living with mother and father. I don't want to move in until for eight months due to personal issues. In meantime can I let out the property with consent to let?