Need Help?

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

  • I’d appreciate your advice if you have had experience asking for Consent to Letforfor less than a year from Intelligent Finance or whether you have any tops as to how such consent is granted.

  • I have a Intelligent Finance mortgage on a flat I own, in Bromley. Last month, due to a change in my circumstances I decided to let out this apartment, and rent an alternative property in a different area within same loc. The personal situation that altered is that my partner moved in, and the flat is too small for us. I do not want to try to sell the flat because the current market value is 20% less than the market value when I acquired the property eight years ago. I wrote to Intelligent Finance for a consent to let which was turned down as they felt 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 I have a prospective tenant waiting for this consent to let and may pull out.Please call me to discuss
  • I wish to let my existing residence as I wish to acquire a larger house for the family. I have a two year fixed mortgage with Intelligent Finance. Provided 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 connotations does that have apart from the higher rates - do I need a greater equity portion in the property too ie lower ltv?
  • Much to my surprise I have just been presented with an excellent job opportunity for eight months in Denmark. I have enough money to pay the monthly Intelligent Finance mortgage yet the buildings insurance stipulates continuous residency in order not to be invalidated. Last Christmas the roof suffered storm damage but was repaired. Should there be any problems during the winter months I would find it hard to cover the remedial works. Will I qualify for consent to let by Intelligent Finance for the time I am overseas?
  • We are looking at new mortgages and also thinking of renting the property in the years to come - Is there a fee with Intelligent Finance to procure consent to let and what are the requirements?
  • I own a house in Harrow. I would like remortgage with Intelligent Finance and either change to buy to let or consent to let. I'm still inside the redemption penalty period so not sure if I would need to pay that?
  • I am a Intelligent Finance borrower. I would like to apply for consent to let my home. I have been waiting for a response from Intelligent Finance. Could you please check and help?
  • I have just recently bought my property and took out a mortgage with Intelligent Finance but my boyfriend has asked me to move in with him. Would I be allowed consent to let?