Need Help?

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

Frequently asked questions relating to Aviva Equity Release consent to lease

  • I spoke to a mortgage broker friend last month. She said that were I to decide to move abroad with my job for a period then I should not apply for consent to let from my lender (Aviva Equity Release) until at least 2 weeks before I plan to rent out my house. Does that mean I have to find a tenant first and then obtain a consent to let?
  • I have a Aviva Equity Release mortgage on an apartment I own, in Hillingdon. This year, due to a change of personal circumstances I decided to let out the flat, and rent a house in a different area within same loc. The personal situation that changed is that I started living with my partner, and the flat is not big enough for us. I do not want to try to sell the flat because the current market value is significantly lower than when I purchased the flat in 2004. I applied to Aviva Equity Release for a consent to let which was turned down as they considered that my intention was to invest in the flat. Any insight would be greatly appreciated, as this is really stressing me out. There is a sense of urgencyas there is a prospective tenant waiting for this consent to let and may pull out.Yours sincerely
  • My partner and I are FTBs, currently renting. We would ideally like to purchase a three bedroom ground floor purpose built flat in Hackney. We want to move there, but will need to wait for a job - perhaps a couple of years. Do we have to seek a buy-to-let loan? Would it be possible to have a domestic mortgage with Aviva Equity Release, because we intend to move there soon? Or could we move there for half a year, then start renting it with consent to let from Aviva Equity Release? I'm only evaluating options that are fully legitimate, and wouldn't breach the terms of the mortgage with Aviva Equity Release.
  • My house had been let to students for three years between 2010-2013 while living abroad. I have a letter dated June 2010 from my building society granting consent to let. In the letter it clearly states that the consent to let is valid for "the remaining term of the mortgage". I have not remortgaged since the letter was issued. I now plan to move house and rent out my existing house. However, my mortgage advisor has suggested that the 2010 consent to let letter may not satisfy the new lender Aviva Equity Release for the house I wish to purchase.Can this be right
  • I took a residential mortgage with Aviva Equity Release, and I would like to let the property out, until I decide whether to sell or retain it as an investment. As things stand I am on the standard variable rate. Will I need to remortgage? I.E. buy to let?
  • My wife and I took a mortgage with Aviva Equity Release but am informed they have a policy that they will not issue consent to let the property to a local authority. Is this correct and if so, can you suggest a way to bypass this?
  • I have a mortgage with Aviva Equity Release taken three months back where I moved from another mortgage provider. Am I now able to rent my property with consent to let from Aviva Equity Release as I am planning to buy another property.
  • I have a mortgage with Aviva Equity Release but am wanting to lease my house out and move in with my fiance and baby what would I have to do to get consent to let?