Need Help?

Need professional advice for your consent to let with Aviva Equity Release UK Ltd? There are various implications when it comes to letting out your property with an existing residential mortgage - you should seek professional assistance.

Frequently asked questions relating to Aviva Equity Release consent to lease

  • Can you clarify if consent to let compulsory from Aviva Equity Release or can I let my basement flat without telling Aviva Equity Release and having to transfer to a buy-to-let loan?

  • I have my maisonette in Southwark on the market but notwithstanding a few viewers there is a lack of interest so far. As a backup option I am considering letting out the property if it doesn't sell. I dont anticipate a problem getting consent to let from the freeholder. My financial adviser has told me that in such circumstances I may be obliged to switch to a BTL product yet the chances are that I don't have sufficient equity. What's the worst that could happen if I if hypothetically I was to retain the current Aviva Equity Release mortgage and let the property out without informing them. As long as the mortgage is being paid in full and on time, why would they care or check?
  • I have a standard mortgage with Aviva Equity Release and will be joining the Royal Fleet Auxiliary in September. This is a civilian manned fleet run by the Ministry of Defence. I will be at sea four months on and three months in the UK. During my time on assignment I want to let out my house in Enfield and move in with my mum and dad when on shore. I am confident that my rental income would cover my monthly repayments. Can you help?
  • My wife and I may need to lease our home out for a while due to a career opportunity. This will be for a limited period we would possibly like a consent to let our property. We currently have a Aviva Equity Release mortgage. What are the fees involved and time limits on consent to let agreements?
  • We are one year into a five year residential mortgage with Aviva Equity Release. Just enquiring if it's ok to lease out the property on my current mortgage. Will Aviva Equity Release grant consent to let?
  • If I let my house out with consent to let from Aviva Equity Release will there be any rate difference? I am presently on a standard variable rate.
  • My fiance and I are interested in understanding the Aviva Equity Release consent to let procedure and conditions for granting.
  • We have a domestic mortgage with Aviva Equity Release and are deliberating on obtaining consent to let so that we can apply for another mortgage on another property that I own on a buy to let basis. Before we apply We would be interested to know the consequences of making the change and any facts that we need to consider.