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

Paragon Mortgages consent to let: Q and A’s

  • I will shortly be moving to Hong Kong. As opposed to sell my house, I would like to lease it out, just in case things don’t go as expected. My current mortgage is with Paragon Mortgages. If I applied for a remortgage would a new provider see this as me looking to dodge a Buy To Let mortgage, of which there is very little availability for 80% LTV, and therefore refuse my request for Consent to Let?
  • My current mortgage provider is Paragon Mortgages. Can you point me to where I can download the consent to let submission forms from, as we have commenced leasing out the house?
  • I have been a mortgage customer with Paragon Mortgages for twelve years. My divorce was finalised three years ago and bought the ex wife out. My circumstances have changed, I would like to keep my house but move in with my new partner, leasing my house out. It has been suggested by my IFA that I can ask for a consent to let from Paragon Mortgages instead of a BTL mortgage as I haven't purchased the house with the intention of letting it out, advice please?
  • I have a garden flat in Haringey which I bought six years ago and which I have since remortgaged with Paragon Mortgages on a fixed rate which ends next February. If I want to let out the property whilst I go travelling what do I need to do and is there a time limit? Are there any other financial repercussions when applying for consent to let?
  • If we ask for a consent to let letter by Paragon Mortgages will we be forced to convert to buy to let mortgage? We are with Paragon Mortgages and as houses are not selling at the mo but we have seen one we like we were leasing our home out in order to buy the new and dispose of this one when the market picks up.
  • I have split up with my wife and we have each moved into our parents house and intend to divorce. What do I have to do to get Paragon Mortgages to give consent to let our house out to students?
  • My wife and I want to let our house out and use the rental income to cover the rent on a house in Croydon. What are the chances of being given consent to let by Paragon Mortgages without being forced onto a BTL product.
  • I have had my mortgage with Paragon Mortgages since 2004 and always made payments If I asked for consent to let would it be given?