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

Top Five Questions relating to Paratus AMC consent to lease

  • I'm currently choosing a mortgage as FTB and considering Paratus AMC with my mortgage adviser. Suppose I choose a five year fixed rate I move in the property and after two years, I come to get an opportunity of work relocation requiring moving overseas. In the case Paratus AMC grants me consent to let,would the interest rate load the interest rate?
  • I am looking to move and let out my one bedroom apartment in Hounslow. Having bought it in summer 2007 and currently on a 85% ltv there is little equity in it. My mortgage is with Paratus AMC. Do you know where Paratus AMC stand when it comes to consent to let?
  • I have a maisonette in Tower Hamlets let out which has a fifty year lease. Mortgage broker suggested I should remortgage (currently with Paratus AMC) as a buy to let instead of consent to let and release 65-70k which on top of a new homeloan based on my income would give me a budget of £200k. Not much about in Haringey for me to get my own place. To extend the lease will cost 13k. Not sure sure whether to hold on or sell the flat?
  • My flat has a mortgage against it with Paratus AMC and I have been renting my flat minus consent to let, which I am now led to believe means I am in breach of my mortgage Ts and C’s. I fear that they have sussed that I am not residing there. Is my best option is to dispose of the property prior to being repossessed?
  • My wife and I are looking to ask Paratus AMC for consent to let out our home in Harrow. We are moving overseas for 3 years and would like to to let it out. I omitted to check this out when we took the Paratus AMC mortgage, and that was due to the fact that we never thought an opportunity like this would come up so was planning on occupying the property.
  • I have a mortgage with Paratus AMC and am considering letting it for three months while on holiday. Will Paratus AMC consent to this?
  • I have a homeowner mortgage with Paratus AMC which is only seven weeks in but I have been relocated with my job. How easy is it to get consent to let from Paratus AMC for a mortgage that has only just commenced and I have just bought the property?
  • Is consent to let required from Paratus AMC if I am planning to reside in the house myself for three months of the year? Furthermore if I obtain consent to let for a limited time, say up to twelve months, what happens after that.