Need Help?

Need professional advice for your consent to let with Paratus AMC Ltd? 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 Paratus AMC consent to let

  • I have a garden flat in Redbridge let out which has a 62 year lease. Mortgage adviser suggested I should refinance (currently with Paratus AMC) as a buy to let instead of consent to let and release 55-60k which on top of a new homeloan based on income multiples would give me a budget of £195k. Not much about in Barnet for me to get my own place. A lease extension will be in region of 19k. Lease out with consent to let or sell the flat?
  • I've been provided with a work opportunity 250 miles from home and wondering if it's worth leasing my property out. Will Paratus AMC permit me to change mortgage or issue me with consent to let? If not I will have to think about whether it's worth taking the promotion. I have no objection to paying an increased amount as it is likely that I will return and move into my home after 1 to 3 years. I'm not doing it to to make money. Just really like my house and want to return to it at some point in the future.
  • As we are relocating and failing to find a buyer for our property, we are thinking about renting it out. Is it imperative to inform Paratus AMC? If we do, I think they will want to change our mortgage to buy to let and load the fees etc which we can't afford. I was thinking that as long as I continued paying on time it shouldn't be a problem, but am now concerned about insurance connotations if I have let my property out on the sly. Any feedback?
  • My partner phoned Paratus AMC on Tuesday concerning consent to let. He is expecting a call back. We have placed an offer in on a one bedroom apartment that has been accepted in principle so we need to know how likely it is that we will obtain consent to let with Paratus AMC?
  • My husband and I have a Paratus AMC home loan currently and may want to let it out temporarily with consent from Paratus AMC for (eighteen months). How long do you have to wait until you apply for consent to let??
  • This is not a question specific to Paratus AMC but do lenders usually supply the information I need for my Buy to Let or Consent to Let self-assessment tax returns?
  • Our Paratus AMC mortgage is coming up for renewal. We would like to apply for a new residential mortgage and then seek consent-to-let. Is this possible? We don't use the house much now that our kids are growing up, and would be better used as a rental.
  • I'm considering a remortgage offer with Paratus AMC and it's likely I will need take advantage of any consent to let option if available during the fixed period. Are there any penalties I should consider?