Need Help?

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

Frequently asked questions relating to ITL Mortgages consent to lease

  • For the last few months I have been letting out my flat in Merton. I didn't request consent to let. I moved to Surrey for work and was unable to cope with the traveling but was worried that ITL Mortgages would charge me a small fortune so I decided to take the risk. I'm hoping to legitimise it now... basically carry on letting it but with consent. Can you offer any advice as to how I go about doing this?
  • I am currently in the process of emigrating to Beijing . Rather than sell up, I wish to rent my existing property out, just in case things don’t work out and I decide to come back in a couple of years. I have a current mortgage is with ITL Mortgages. Would I be able to refinance with another mortgage company on a much lower interest rate then apply for Consent to Let once the re mortgage has completed?
  • What information do ITL Mortgages require to to decide whether to grant consent to let. I have a 2 year fix with them. I have always paid the mortgage on time. I am looking at moving to the countryside due to the family getting bigger. My financial situation has not deteriorated and in fact my salary has gone up 20% since the mortgage started.
  • My husband and I currently live in Melbourne and renting out our flat in Redbridge. This was unplanned but an opportunity came up and we took it. The rent received on the apartment is not enough to cover the mortgage so we transfer funds each month to make up the difference. Earlier today our lender got in touch telling me that as the property is being let out and has been for almost four years we will have to pay 1.5% interest in addition to our current mortgage rate. One option would be to sell the apartment but this will be difficult as I am so far away. Would it be possible to remortgage with ITL Mortgages and get consent to let?
  • I am seeking from ITL Mortgages consent to let out my flat in Redbridge. I am planning to live with my grandfather as I am off work through illness.
  • I recently purchased a garden flat in Sutton. I am first time buyer. I am moving Glasgow next month, can I get consent to let from my lender ITL Mortgages or do need to wait for at least 6 months?
  • I am interested in consent to let for my home mortgaged with ITL Mortgages. How do I move forward? Do I have to call ITL Mortgages and get them to agree?
  • Just a quick one. Will ITL Mortgages force me into a consent to let product whilst in a fixed rate product for 2 years?