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

Platform Home Loans consent to let: Q and A’s

  • My fiance and I are currently 1 year into a year fixed rate mortgage with Platform Home Loans. We would like to acquire a more substantial second property in the next year however would like to retain the first house and I was wondering what reason we could put down on the consent to let application to obtain consent to from Platform Home Loans
  • I'm looking to apply to Platform Home Loans for consent to let on my existing residential property in Tower Hamlets. I am planning to draw down equity from my existing house before doing so, and using that money to buy a second residential property. I will live in that property whilst doing it up for six months at which point I intend to sell it then move back to my current property. Is this something Platform Home Loans will consider consent to let for or does this fall outside the standard criteria?
  • I am planning to rent out my flat for a year from 26th July 2016. Is there conventional wording for a letter I can use to send to Platform Home Loans to request consent to let.
  • I have been leasing my flat to a tenant for two years but not on a buy to let mortgage as I naively considered that you only required a buy to let if you had more than one mortgage. In trying to purchase a further property, I discovered that I should have had consent to let at the outset from my mortgage provider Platform Home Loans. I'm enquiring whether I can now ask Platform Home Loans for a consent to let?
  • My OH and I are looking to ask Platform Home Loans for consent to let out our property in Merton. We are relocating overseas for three years and need to let it out. I failed to check this out when we got the Platform Home Loans mortgage, and that was due to the fact that we never foresaw an opportunity like this would come up so was planning on living in the house.
  • What is the longest period that Platform Home Loans is willing to issue Consent To Let for?
  • How much of my loan allowance will be made available to draw down on if I change my mortgage to a consent to let with Platform Home Loans?
  • Last month I acquired a house with a Platform Home Loans home loan. However I am presently living with parents. I don't want to move in until May 2017 due to personal issues. In meantime can I rent out the property with consent to let?