Consent-to-let Help for GE Money Home Lending Ltd

GE Money consent to let: Q and A’s

• Two years ago I was granted consent to let from my current mortgage provider which is about to run out. I have since been traveling and had my first child. My part time salary is not sufficient just now to cover the mortgage on my own. I have been told I can't extend my consent to let and if I continue renting out I will be in action would be taken for breaching my mortgage contract. As a result of my low income I don't think the buy to let will be approved. One option I am considering remortgaging to GE Money. Are they likely to give consent to let from day one?
• I found tenants for my apartment in the summer and didn't tell GE Money. I have a three year residential mortgage (significant equity in it, no arrears) and want to let GE Money know and get consent to let for the final two years of my mortgage . I am unsure what to do.
• I have a flat in Redbridge with a GE Money mortgage but have not lived there for a while. My brother moved in but is there rent free. At the moment I live in rented accommodation and am looking to buy a house. I have identified an ideal property at an attractive price. I have sufficient for a deposit to put down on the house I am interested in but would be hard pushed to pay enough off the old property to change it to a buy to let mortgage at the same time. Can I transfer the current GE Money mortgage for my old apartment into a consent to let and use my savings to pay a larger deposit for the homeowner mortgage on the property that I am looking to purchase?
• My partner and I have a flat in Enfield which we acquired as a new-build about twelve years ago. As childen are growing up we require a bigger home. We've identified a property in Hillingdon that we would like to buy and want to keep the flat as an investment to rent out. The mortgage is with GE Money and we've found a tenant who will pay rent in excess of the monthly mortgage payment. The query is, can we hold onto the repayment mortgage with GE Money so we effectively paying off our loan on the flat or do we have to transfer to a buy-to-let product?
• I am looking for some generic information on consent to let with GE Money: I am moving abroad. This might be for many years. Nevertheless I will be on a 3 month test period .I would like to know the criteria for consent to let from GE Money and what fees are to be incurred
• I would like to find out what information I should include in a letter asking for consent to let my house in Sutton? I would like to send a request to my lender GE Money.
• I am potentially moving in with my girlfriend at her home and would like to rent out my property that I purchased last autumn, I'm just not sure of the process as my property is my first home. What hoops do I need to jump through to obtain consent to let from GE Money If I obtain consent would my mortgage payments go up?
• I have a standard mortgage with GE Money which is only eight weeks in but I have been relocated with work. How easy is it to obtain consent to let from GE Money for a mortgage that has only just commenced and I have just purchased the property?