Need Help?
Need professional advice for your consent to let with ASTRA mortgages? There are various implications when it comes to letting out your property with an existing residential mortgage - you should seek professional assistance.
Need professional advice for your consent to let with ASTRA mortgages? There are various implications when it comes to letting out your property with an existing residential mortgage - you should seek professional assistance.
I have been letting out my flat with "consent to let" from ASTRA mortgages on a standard mortgage for the last 24 months. ASTRA mortgages have put forward an ultimatum revoking consent to let unless we switch to one of their "buy to let" loans.
I am in a difficult predicament with a Consent to Let mortgage. In response to requesting consent to let the lender has requested evidence of an executed tenancy agreement before they will grant consent. If I get a signed tenancy agreement would I not be breaching the terms of my existing mortgage?