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

Recently asked questions relating to Atom Bank consent to lease

  • I previously got consent to let from Atom Bank in 2013 but failed to need it and have since refinanced with another mortgage provider. I recently asked for consent to let. I was informed that it would be forthcoming since I met the criteria. I have now received a letter advising me that I must provide evidence from the DWP indicating that that are aware of my current situation before they can provide authorisation. They said this is policy but I have not been able to find these conditions on their site. I did complain about the inference that I might intend to continue to claim help with interest from the DWP whilst receiving rental on the property. They apologised and offered to deposit £40 in my account . However i still am unable to locate this term and condition and i feel this is otherwise inappropriate I want to let my property as a way of releasing me from redress to social benefits not in order to continue with them
  • I am 3 years up in a five year fixed term mortgage and intend to take a job abroad so would like to rent out my property for two years. My LV is in the region of sixty per cent. My query is if Atom Bank will load the interest rate for consent to let for two years?
  • I have a one bedroom apartment in Hackney let out which has a sixty year lease. Mortgage broker said I should remortgage (currently with Atom Bank) as a buy to let rather than consent to let and release 55-60k which on top of a new homeloan based on income multiples would give me a budget of £200k. Limited available in Bexley for me to buy my own house. A lease extension will cost 13k. Not sure sure whether to hold on or sell the flat?
  • As things stand we have a 5 year fixed rate home loan with Atom Bank that we're about eleven months into. Our situation has now changed and we wish to let out our property for a while and whilst we relocate to Tower Hamlets. How do we minimise the possibility of Atom Bank refusing to grant consent to let.
  • Situation: I am moving to Budapest for work. This might be for a number of years. Nevertheless I will be on a six month probation period .I would like to know the criteria for consent to let from Atom Bank and what fees are to be incurred
  • My wife and I want to let our house out and use the rental income to cover the rent on a house in Camden. What are the chances of being given consent to let by Atom Bank without being forced onto a BTL product.
  • Just looking for some advice. I currently have a mortgage in place with Atom Bank. I have been given licence to temporarily rent out my GFF from the freeholder of the block and they asked for a copy of the consent to from Atom Bank.
  • Assuming that I was successful in obtaining consent to let from Atom Bank, can I sell during the consent period? Is it possible that I would incur any charges?