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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.

Questions and Answers: Aldermore Bank consent to let

  • I plan to ask Aldermore Bank for consent to let out my property in Aldermore Bank. However I currently have the property for sale but there are no takers and paying a full mortgage, council tax and insurance on unoccupied house is exhausting my finances. How are Aldermore Bank going to react if I have the house on the market?

  • I want to explore if I can obtain consent to let on my current property. I have a mortgage with Aldermore Bank but my circumstances have changed. I'm about to move in with my partner and daughter who have a house and more room than my small property. I am unlikely to qualify for a buy to let mortgage as I don't have the funds for a deposit nor do I earn in excess of £25000 a year.
  • I have just received a mortgage offer with Aldermore Bank. I anticipate that I will complete in the coming weeks, however it looks as though I may be posted overseas for work. How likely is it for me to obtain consent to let from Aldermore Bank shortly after drawing down on the mortgage. Are there any other options open to me?
  • We are looking to let our one bedroom apartment out. We have put an offer on another property for us to buy and a tenant at the ready to move into ours. I assume I have to ask our mortgage provider Aldermore Bank for consent to let. Is there a standard consent to let request letter I can copy?
  • I have a letter to Aldermore Bank requesting consent to let signed and ready, but I'm not sure what address I should post this to. Can you please help me with the address?
  • What are the circumstances under which Aldermore Bank would turn down a consent to let application?
  • Will Aldermore Bank choose to operate a right to change the rates on a standard mortgage where Consent to Let at any time, onto ‘rates equivalent to their Buy to Let range'? Can one refinance on a consent to let with Aldermore Bank?
  • I am going away for work for as long as a year... I was wondering if I was able to obtain from Aldermore Bank consent to let the house out while overseas as I am reluctant to leave it unattended for that long