Need Help?

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

Foundation Home loans consent to let: Q and A’s

  • I have had consent to let from Foundation Home loans for some time now yet they now wish to speak with me and I suspect their motivation will be to rid themselves of me. Can you help?
  • I am thinking of applying for consent to let from Foundation Home loans as my personal situation has altered. My stepdaughter started college and I felt we would move nearby and opted to buy a house as opposed to spend the money on renting. After having purchased the house I have fallen out with my step daughter and she won't move in. Since the whole point was for her and the house location is not particularly ideal for my work I would like to move out and let the property
  • I want to let my current house and want to acquire a bigger house for the family. I have a fixed rate mortgage with Foundation Home loans. 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 is finished. Could I refinance after two years with a different lender? What ramifications does that have apart from the higher rates - would I need a higher equity ratio in the property too ie lower ltv?
  • I am a landlord and currently completing eviction orders on a tenant who had not paid rent. The relevant proceedings have been served. The tenant's defense for refusal to pay is built on the claim that I I failed to obtain consent to let my garden flat from my provider Foundation Home loans
  • This is not a question specific to Foundation Home loans but do lenders usually provide the information I need for my Buy to Let or Consent to Let self-assessment tax submissions?
  • How simple is it to get a consent to let from Foundation Home loans and what are the fees? If I want to let out my property for two months how simple is it to fluctuate between a standard mortgage and consent to let?
  • I have had my mortgage with Foundation Home loans since 2006 with no arrear If I sought consent to let would it be granted?
  • Is there discretion in the accepted equity ration before switching from an existing Foundation Home loans mortgage to a consent to let?