Need Help?

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.

Frequently asked questions relating to Virgin consent to lease

  • I need to move my daughter’s school by mid-August and move to a different area. there is insufficient 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? Am I required to get consent to let via my mortgage provider Virgin
  • In what circumstances will consent to let for a property be given via Virgin? How long do you have to have had owned the property before consent to let can be granted by Virgin? In order to give you some perspective I am a newly qualified accountant in a house purchased five months ago. The perfect job offer requiring moving to Tower Hamlets on a permanent basis has arisen. I would be interested in procuring consent to let initially to be able to renting the property out to offset the expense of the Virgin mortgage.
  • I am a FTB in the process of trying to buy a flat. However I am potentially also going to be moving abroad in the near future. I have told this to my mortgage broker who has informed me as long as nothing has been signed or confirmed you can go ahead and apply for a residential mortgage with Virgin. Once that's complete if it transpires that I need to move abroad he said can apply for a consent to let from Virgin. Does that sound like the right advice?
  • Where is the Virgin consent to let form on this site I am unable to find it on the web.
  • I have a domestic mortgage with Virgin and with my circumstances changing significantly in the last three months, can I apply for consent to let. What changes will affect me?
  • I want to buy a new home but can't afford to sell the current apartment with a Virgin mortgage. Do you know the criteria for Virgin to issue consent to let? Is getting married and having kids an acceptable reason to seek consent?
  • I own a residential home. I would like remortgage with Virgin and seek consent to let. I'm still within the Early Redemption Charge period so not sure if it would trigger the penalty payment?
  • I would like to know if I have a normal mortgage with Virgin and decide to rent it out, does the rate get bumped up and are there any supplemental costs for obtaining consent to let.