Consent to Let - Paragon Residential Requirements
All lenders have their own requirements when it comes to consent to let. This page sets out to enlighten conveyancing practitioners on the Paragon Residential solicitors panel where their non-lender client intends to rent out their property. Lawyers are advised to the CML handbook requirements for Paragon Residential. The information on this page Is not to be read as buy-to-let legal advice but is isolated to situations where the borrower will need consent to let from Paragon Residential.
Need help with "Consent to Let" from Paragon Residential?
Paragon Residential requirements state that if prior to completion of the conveyancing retainer, the borrower informs you of an intention to let the property you should advise the borrower that any letting of the property is prohibited without prior consent to let from Paragon Residential. If the borrower wishes to let the property after completion then an application for consent to let should be made to Paragon Residential by the borrower.
The application for consent to letting should be made to:
As 16.3.2. The Borrower must not let the Property without our prior consent in writing.
The content set out above is in relation to properties in England and Wales.
Other sites are avaialble targeted to borrowers for information and help on consent-to-let with Paragon Residential.
Consent-to-let requirements differ from the Paragon Residential buy-to-let requirements.
Find out how to order your redemption statement request from Paragon Residential