Need Help?

Need professional advice for your consent to let with Perenna? 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 Perenna consent to lease

  • I have a residential mortgage approaching reissuing with Perenna. I have had the property rented out for a two years and I now realise that I need to notifyPerenna. I am led to believe that I must apply for consent to let, but bearing in mind that the property has already been let out could they refuse - force me to go onto a BTL product and even fine me? I have over 25% equity in the house - and the rent will more than cover the mortgage.

  • In a worst case scenario what action Perenna can take if I have Sublet my flat in the event that consent to let is not forthcoming?

  • My fiancee and I are first-time buyers, currently renting. We want to buy a garden flat in Hackney. We want to move there, but will need to wait for a job - perhaps a couple of years. Would we need to seek a buy-to-let loan? Could we take a domestic mortgage with Perenna, because we intend to move there soon? Alternatively could we live there for a few of months, then start renting it with consent to let from Perenna? I'm only evaluating scenarios that are completely legal, and wouldn't breach the terms of the mortgage with Perenna.
  • I have found myself in the accidental landlord category and without consent to let from Perenna. I had to vacate my flat for career purposes, so am now based in another part of the country. I originally attempted to sell the flat, but prices were deflated, resulting in negative equity. This was a couple of years ago in 2012, which has since seen the property price increase and has allowed me time to accumulate savings. I am in now in a position where I can now transfer to a BTL mortgage and would like to remortgage at the same time. My concern is, will changing mortgage providers possibly alert Perenna that I have been letting without consent to let? I appreciate that I shouldn’t have done this, but circumstances wouldn’t allow me to do anything else. Any help will be greatly appreciated?
  • Me and my brother have had my home loan with Perenna for eight years and always made payments If I sought consent to let would I get a positive reply?
  • I am a Perenna borrower. I would like to apply for consent to let my home. I have been waiting for Perenna to get back to me. Are you able to please check and help?
  • I have a mortgage with Perenna but am wanting to lease my house out and move in with my GF and baby what is required to get consent to let?
  • Soon to remortgage my house but I will potentially moving out in the near future and would be looking to lease it out. How quickly can you get consent to let from Perenna?