Consent-to-let Help for Paratus AMC

Recently asked questions relating to Paratus AMC consent to lease

• I am planning to write to my lender Paratus AMC setting out the following logic for my request for consent to let ; "I am having difficulties paying the monthly mortgage amount and wish to move back with my parents but can't sell. I wish to avoid defaulting on the mortgage and have considered handing over the keys. If you issued consent to let that may solve things." What are the chances that this will result in a positive response?
• I have been granted consent to let by Paratus AMC for some time now yet they now want to speak to me and I expect their plan is to rid themselves of me. Do you have any ideas on what I can do next?
• Is it permissible to let out our house minus consent to let from our mortgage provider? I recognise that initially we signed a form stating it wouldn't be a buy to let property and that we are not the owners of other property. I know you can't use help to buy if you owned other property at the time, but what about property after the event? Can one acquire a further property, receive a gifted property?
• I have a current mortgage contract with Paratus AMC and need clarify if it would be possible to receive consent to let out our maisonette in Camden.

  The rationale for wishing to lease out the property are as follows: -

  • Me and my wife will be relocating to Hong Kong early next year.
  • In renting out the property this will facilitate savings to assist with the migration process.
  • There is little merit from a monetary point of view to redeem the mortgage for a property which we are no longer living and by renting out the place this would be viewed as continuing investment.

  If Paratus AMC granted permission to us for renting we would suggest some financial assurances which are as follows: -

  • Maintain paying the monthly mortgage payment directly from my bank account.
  • Instruct an accredited letting agent who will provide a rent guarantee scheme as a further financial safeguard.
  • Provide our forwarding details for when we relocate.
• My fiance and I purchased a property in Manchester with Paratus AMC and am moving to rent a property in Cardiff due to work. Is consent to let from Paratus AMCpossible? I am only looking to rent out the flat for half a year before selling.
• I have split up with my wife and we have moved back in with our respective parents and intend to divorce. What do I have to do to get Paratus AMC to give consent to let the property out to tenants?
• I am intending on relocating within the next six months and would like to let my flat out. My interest rate is fixed with Paratus AMC. I am concerned that a rate hike would be too much if that was a condition of getting consent to let
• We are looking to find out more about consent to let from Paratus AMC. Would a valid reason be parking problems and the property is too big for me to run at this moment in time?