Need Help?

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

Sample questions relating to Topaz Finance consent to let

  • I found tenants for my property a year ago and didn't tell Topaz Finance. I have a three year residential mortgage (healthy equity in it, no arrears) and want to let Topaz Finance know and get consent to let for the remaining 24 months of my mortgage . I am unsure how to go about this.
  • I applied for consent but was refused as I did a remortgage in May but Woolwich does not give consent if mortgage is less than 6 months old. Now I am worried when 6 months is gone are they going to find some other criteria that will not be ok. As a backup plan I can remortgage with Topaz Finance but will they give me consent straight away?
  • I previously took a mortgage with Topaz Finance and the LTV is presently 60% with the Topaz Finance current book value and would like to buy another property but do not want to sell my existing property at the current market value. I have consent to let from another lender on a previous property so know a bit about them and I also have buy to let with Scottish Widows on another property. Does the expected rental income on a consent to let with Topaz Finance need to be over and above the mortgage repayments? I have a fixed rate which I tied into a fixed rate and left the term at 19 years so it was paid off as early as possible, obviously this leaves with quite a high monthly repayment.
  • I bought my one bedroom apartment in Ealing one year ago and have a two year fixed rate mortgage with Topaz Finance. Looking to move in with my fiance next month and would like to let out my property. Just want to know the process.
  • I am deliberating on renting my property will Topaz Finance charge me for a consent to let letter?
  • My current mortgage is with Topaz Finance, but I have to get consent to let for about 12 months as my partner is unwell and is struggling to balance work with the hectic environment we are living in. We want to take time off for a year (by living near her mum and dad and getting support) in a greener less intense part of Bristol.
  • I am after more information concerning consent to let mortgages, potentially switching our current mortgage with Topaz Finance across to a consent to let one.
  • What, if any, income requirements do Topaz Finance set for consent to let on an existing domestic mortgage?