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

Intelligent Finance consent to let: Q and A’s

  • My wife and I have a Intelligent Finance mortgage and are are not in arrears, in gainful employment etc. Do you know how much it will cost and if Intelligent Finance usually grant consent to let without transferring to a new mortgage product?

  • My husband and I acquired a house in 2012 for just under 200,000 with Intelligent Finance. My husbands career requires that we move to Gibraltar and now wish to have to get consent to let from Intelligent Finance. Will they grant permission?

  • What are the chances of Intelligent Finance in granting Consent To Let on a one bedroom apartment? It is currently on the market and it has been for six weeks. I am keen to sell but I'm concerned that if there are no takers I will need to rent out the property in order to cover the mortgage to Intelligent Finance (I no longer live at the address). I would prefer to be open with Intelligent Finance than not tell them but I am worried as to how accomodating they will be.
  • I have a residential property but I am moving with my girlfriend to a different city for work purposes and moreover near her university. I would prefer to keep my house but not sure I can afford a buy to let rate. It will only be temporary -3 years until my girlfriend completes her degree and I can sell, or move elsewhere. My mortgage is with Intelligent Finance. Is there a chance I won't be approved for consent to let?
  • I have recently got married and I am in the process of buying out 100% of my co-ownership mortgage with my wife. As a result we have now been given a 90% loan to value on our house. We want to buy a larger place. Will it be possible to get a consent to let on my new mortgage with Intelligent Finance to allow us to get a mortgage also with Intelligent Finance for a new home?
  • I are thinking about applying to Intelligent Finance to obtain consent to let our house, how long does it take from the point of submitting the application to us finding a letting agent and listing our house for rent? and are there any further steps we will need to go through?
  • Is there leeway in the accepted equity amount before transferring from a current Intelligent Finance mortgage to a consent to let?
  • What are the implication if a borrower has already rented out the property for some years as an HMO and now wish to go legit with Intelligent Finance by getting consent to let ? (work on the basis that Intelligent Finance had already issued a standard mortgage on it some time ago)