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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.

Common questions relating to Paragon Mortgages consent to lease

  • Within the next few days I intend to ask Paragon Mortgages to obtain consent to let out my house in Paragon Mortgages. However I currently have the property for sale but there is no interest and forking out for a full mortgage, council tax and insurance on an empty house is exhausting my finances. How are Paragon Mortgages going to react if I have the house on the market?

  • Please explain "consent to let" to me? I live in a studio apartment and its in good condition. It is on the market and I have had very few viewings. This is because my neighbour is noisey. I had no choice but to put this on the disclosure sheet. Mortgage is with Paragon Mortgages on a fixed rate. Someone mentioned I should seek consent to let by Paragon Mortgages and let the property to tenants.
  • I am a landlord having served eviction orders on a tenant who had not paid rent. The relevant proceedings have been served. The tenant's defense for non payment is premised on the claim that I do not have consent to let my garden flat from my lender Paragon Mortgages
  • I have an offer accepted to buy a property, we have a deposit of between 10-15% for a standard mortgage with Paragon Mortgages. The one concern is we are due to go overseas in three months for work. We are going through our financial adviser. He says if you tell this to the lender up front we will need to get a buy to let. Do go ahead with residential mortgage with Paragon Mortgages, in a couple of months ask them if I can have consent to let? Otherwise, do we try and contact Paragon Mortgages at this point and say there is a chance we will move abroad in the future (nothing is definite regarding the move abroad) and see if they confirm in advance that it should not be a problem
  • I have a Paragon Mortgages mortgage currently and potentially wish to let it out for a short period of time with consent from Paragon Mortgages for (two years). Is this achievable?
  • I took a domestic mortgage with Paragon Mortgages, and I would like to rent the house out, until I decide whether to sell or keep it as an investment. At the moment I am on the fixed rate. Will I need to remortgage? I.E. BTL?
  • Are you able to advise me how much the fees are and if Paragon Mortgages usually give consent to let without changing to a commercial rate?
  • I am looking into the option of renting out my home with consent to let from Paragon Mortgages whist away travelling for four months