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

Aldermore Bank consent to let: Q and A’s

  • I bought a flat in 2007 for 175,500 with Aldermore Bank. My husbands career requires that we move to Gibraltar and realise that I need to obtain consent to let from Aldermore Bank. Will they grant consent?

  • I'm about to ask Aldermore Bank to obtain consent to let out my home in Aldermore Bank. However the property has been on with agents for 4 weeks but there is no interest and paying a full mortgage, council tax and insurance on vacant house is exhausting my finances. How are Aldermore Bank going to react if I have the house on the market?

  • In what situations will consent to let for a property be granted by Aldermore Bank? For what period of time do you have to have had owned the property before consent to let can be obtained from Aldermore Bank? By way of background we are moving abroad for 20 months with my husband's work and will need to rent our property. I would be interested in procuring consent to let in the first instance in order to renting the property out to offset the expense of the Aldermore Bank mortgage.
  • I had a chat with a IFA friend last recently. He said that if I decide to move abroad with my job for a period then I should not apply for consent to let from my lender (Aldermore Bank) until at least two weeks before I plan to let the property. Am I to understand that I have to find a tenant first and then obtain a consent to let?
  • I'd like to know if Aldermore Bank are likely to grant consent to let out our home in Wandsworth
  • I took a domestic mortgage with Aldermore Bank, and I would like to let the house out, until I decide whether to sell or keep it as an investment. As things stand I am on the standard variable rate. Will I need to remortgage? I.E. BTL?
  • Me and my husband and I would like to lease out my house to be nearer to my son’s uni and look after of my mother. How long will the consent to let take to get from Aldermore Bank? a month?
  • I am looking at taking a job in France and have been advised that I need to let Aldermore Bank know so my mortgage is under consent to let? Please could you clarify the best way deal with this?