Need Help?

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

  • Is it possible to remortgage on a consent to let with Aldermore Bank?

  • I'm planning to remortgage our old one bedroom ground floor purpose built maisonette, currently tenanted with consent to let from Aldermore Bank, onto a BTL rate as we are unlikely to be moving back into it now since we have our family home. So, I'm assuming I need a specialist broker for this and I am not really conversant with what is available in this area. Can you offer any advice on a good broker service specialising in BTL?
  • My plan is to let my garden flat out from mid June next year as I will be travelling for a few months. I have a domestic mortgage with Aldermore Bank. I will not be letting for more than six months. Most likely it will be 4-5 months. It has been suggested that I seek permission from my freeholder first? Please can you suggest what I should be doing in what order?
  • Just wondering whether Aldermore Bank conduct any checks when obtaining a residential mortgage, I'm preferably looking to let the property out and am unsure as to whether I should apply for consent to let. How likely are they to find out if I lease the place out?
  • We took out a mortgage with Aldermore Bank a few months ago and although it's still early days we may have to relocate around next September or October and would like to be able to lease our apartment out. Is this possible with a residential mortgage?
  • I would like to rent out my home for a couple of years at most. How do I go about getting consent to let from Aldermore Bank who I have a mortgage with?
  • Is there a fixed or maximum term how long I could rent my property out to a family member with consent to let from Aldermore Bank. I no longer want to live in the area and want to buy a new home?
  • I am currently remortgaging and exploring the flexibility of certain lenders when it comes to consent to let. Aldermore Bank is one of the lenders I am considering. How accommodating are they when it comes to consent to let?