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

Recently asked questions relating to Adam & Company International consent to lease

  • Adam & Company International have just granted me consent to let. After some effort, Adam & Company International have issued me with ‘consent to let’ confirmation . The conditions attached to the consent refer to an assured shorthold tenancy. Can you explain what this is?

  • I have a mortgage with Adam & Company International. I would like to purchase a second property and my financial adviser recommended I seek consent to let. As far as I am aware they only accept the consent to let where it is my intention to go back to my current property. Is this correct?
  • My understanding is that this is a contravention of Adam & Company International terms and conditions of mortgage if I let out my flat having indicated that I intend to reside there. The intention is to repay the home loan after five years, by which time the property will be unencumbered, meaning I no longer require any consent to let. Adam & Company International advised me I can overpay as much as I like during the lifetime of the mortgage. I have someone who wants to rent the property. What checks do Adam & Company International do and what are the chances that they are likely to do this? What are the consequences of not obtaining consent to let? From what I have read there is a possibility of Adam & Company International requesting the property to be sold (however it seems generally accepted is that this doesn't occur and adding fees even backdating is more likely)
  • Me and my partner have a flat in Croydon which we acquired off-plan approximately twelve years ago. As we've now got a young son we are looking for a larger home. We've identified a house in Hackney that we would like to buy and want to keep the flat as an investment to rent out. The mortgage is with Adam & Company International and we've found a tenant who will pay rent which more than covers the monthly mortgage amount. Our query is, can we keep the repayment mortgage with Adam & Company International so we effectively paying off our mortgage on the flat or must we to swap to a buy-to-let product?
  • My wife and I are planning to relocate to Kenya for eighteen months for my job but I don't want to change my mortgage to BTL as the intention is to move back into it when I return. Do you know if Adam & Company International charges extra on the interest? Is there any work around?
  • My OH and I have a consent to let letter that I have procured from my management company. I presume I need to attaching this with a letter to Adam & Company International with a view to securing consent to let from them. What address shall I send it to?
  • I am potentially moving in with my partner but would rather not to sell my property. How do I go about applying for consent to let from Adam & Company International, and what are the chances that this will be granted?
  • Me and my OH and I would like to obtain consent to let on a house where we have a mortgage with Adam & Company International. If issued, how long would consent be given for? In asking for consent to let from Adam & Company International are we running the risk of them forcing us to change deal to B2L