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

Common questions relating to Virgin consent to lease

  • I have to move my son’s school by mid-September and move to a new area. I don't have time to sell my house.The only way I can see of doing it is to let my house out. Currently I have standard occupiers insurance. Do I need different insurance? What should request from Virgin regards to consent to let?
  • If I decided to let out my garden flat with consent to let with Virgin, what evidence would be required of the letting? If after twelve months I decided to let it on a series of holiday term lets, am I still required to supply proof to Virgin, or will they be content provided i keep up with the payments? For example if I let the rooms separately at a later stage, is there any reason for Virgin to be informed and would they take issue?
  • I have a Virgin mortgage and have been renting my apartment without consent to let, which I am now led to believe means I am in breach of my mortgage Ts and C’s. I think I have come onto their radar that I am not living there. Is my only option is to sell the apartment before repossession?
  • What is the maximum period of time allowable to Virgin that I would be able to let my property without having to switch mortgage or sell my house? In short, my partner would like me to move in with him and I really want to hold onto my house. I would like the security of knowing I still own my own property.
  • We are nine months into a three year residential mortgage with Virgin. Just wondering if it's ok to rent out the property on my current mortgage. Will Virgin give consent to let?
  • I am looking to Virgin to issue me with consent to let out my home in Newham. I am moving to Norway for Six months on a secondment.
  • I have a mortgage with Virgin and am debating whether to sell or rent in the short term but don't have the equity for a buy to let mortgage at this stage. How feasible are consent to let options currently?
  • I have a granny flat attached to our property. Do we need consent to let this from Virgin? If so, what is the process if I would like to switch the mortgage to consent to let?