Need Help?

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

Common questions relating to Aldermore Bank consent to lease

  • We are presently one year into a year fixed rate mortgage with Aldermore Bank. Ideally we would like to acquire a bigger 2nd property in the coming months however would like to keep the first house and I was enquiring as to what reason we could put down on the consent to let application to obtain consent to from Aldermore Bank
  • We acquired a house in Sunderland and will be moving to Kent at the beginning of March. I have a letting agency and tenant ready. I was proposing to leave everything as it stands as I'm worried Aldermore Bank will say I have to change my mortgage rate for buy to let and am unable to afford that. I appreciate that it would be preferable to seek a consent to let via Aldermore Bank but am afraid if I show my hand it would result in no end of issues
  • About twelve weeks ago I vacated my property in a rush and rented out the property. I know I should have obtained consent to let by Aldermore Bank but was uncertain as to what my plans were and just forgot about it. I find myself in circumstances where I wish to sell that property and transfer the Aldermore Bank mortgage to a new property. I can't see a path to do this without leaving myself at the behest of Aldermore Bank for not seeking consent to let. When switching, at the time of completion of the sale, you must declare your intention to "port the rate" and go through fresh set of affordability checks. While I have no issues with my financial standing, the credit check may indicate I don't live there any more.
  • I have been in the Royal Air Force for three years and intending to purchase a house with a Aldermore Bank mortgage. I would like to get consent to let this property to my mother and father in law. In years to come I plan to reside in the property myself when I leave the Royal Air Force. Is this feasible?
  • Me and my husband took a mortgage with Aldermore Bank but am told they have a stipulation that they refuse to give consent to let the property to a local authority. Is this right and if so, is there a method to bypass this?
  • I am looking for consent to let for my flat as I am moving out for six months currently fixed Aldermore Bank mortgage with three years which is due in December next year.
  • Just looking for some help. I already have a mortgage in place with Aldermore Bank. I have been given licence to sublet my apartment from the managing agents and they asked for a copy of the consent to from Aldermore Bank.
  • I am considering relocating with work and would need to rent my property out. I have a mortgage with Aldermore Bank. My property is worth approx £185k and owe £48k on it. Do you think Aldermore Bank increase my mortgage rate?