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.

Examples of recent questions relating to Intelligent Finance consent to let

  • Will Intelligent Finance exercise a right to change the rates on a homeowner mortgage where Consent to Let at any time, onto ‘rates akin to their Buy to Let range'?

  • A friend of mine has let her property from the same landlord for almost three years. During the past year my friend has been receiving letters from Intelligent Finance (it is apparent from the envelope). Inititially she reposted them to the landlady's address. My suspicions were aroused as none of her landlord’s mail was meant to be going there. So I went to my friends house and called Intelligent Finance on her behalf. The guy I called at Intelligent Finance asked all sorts of queries, the landlord’s details, information relating to the tenant and then said they would look into whether she had the right mortgage and if she didn't it was an offence with no consent to let. Should my friend be concerned?
  • I appreciate the capital gains tax financial repercussions if any of switching a Intelligent Finance mortgage to consent to let, but what about the ongoing rental earnings vs expenses? Say I have converted my former owned studio flat into CTL and vacated and pay rent elsewhere. Is it legitimate to deduct the rent I am paying from the rental revenue?
  • Am I required to inform Intelligent Finance of my plan to rent a room out to a lodger. I have two spare rooms that could be used by lodgers and I was thinking that as the occupancy remains in keeping with that of the 'family' use of the property it might not require consent to let. Can you help clarify? I am taking independent advice on the insurance, legal and tax implications.
  • It is looking as though I may need to move to NYC for a couple of years, I have a house with a Intelligent Finance mortgage. Do I need to ask consent to let? Will they be accommodating?
  • I am trying to investigate if it is possible to get a consent to let home loan with Intelligent Finance rather than a buy to let mortgage
  • Three months ago I purchased a flat with a Intelligent Finance home loan. However I am presently living with parents. I don't want to move in until next summer due to some family issues. In interim can I lease out the property with consent to let?
  • Me and my partner and I have a mortgage with Intelligent Finance and would be thinking about buying another main residence and then subsequently letting our current house out. Do I need consent to let from Intelligent Finance?