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

Questions and Answers: GE Money consent to let

  • I was thinking of renting out my cottage and make money from it while I am on vacation. It’s only for four weeks. Will consent to let be needed from GE Money?

  • We just obtained consent to let from GE Money. After some effort, GE Money have issued me with ‘consent to let’ confirmation . The conditions attached to the consent refer to an assured shorthold tenancy. Can you explain what this is?

  • I am aware of the capital gains tax ramifications of changing a GE Money mortgage to consent to let, but what about the ongoing rental earnings vs outgoings? Say I have converted my former owned one bedroom apartment into CTL and vacated and pay rent elsewhere. Is there any way to offset the rent I am paying from the rental income?
  • I have a mortgage with GE Money however my husband and I will be emigrating to Australia in December. The mortgage is in my name yet it is my husband's job that is taking us abroad how do I answer the question: 'please indicate why you wish to let the property':
  • My partner and I have a fixed rate mortgage with GE Money and are deliberating on obtaining consent to let so that we can apply for another mortgage on another property that I own on a buy to let basis. Ahead of applying it would be helpful to know the consequences of making the change and any facts that we need to consider.
  • My GE Money mortgage fixed rate ends in August and have to move with work then. Will I be able to both remortgage and gain consent to let?
  • I have tenants ready to move in and I have mortgage offer from GE Money on new house on condition of consent to let for original house. How long should it take to receive letter once I send back a completed application with cheque.
  • I am considering relocating with work and would need to rent my property out. I have a mortgage with GE Money. My property is worth approx £250k and owe £57k on it. How likely is it that GE Money increase my interest rate?