Consent to Let - Paratus Requirements
The purpose of this page to assist conveyancing firms on the Paratus solicitors panel where the firm’s client intends to rent out their property. Lawyers are advised to the CML handbook requirements for Paratus. The information on this page is not focused on buy-to-let requirements but is restricted to situations where the borrower will need consent to let from Paratus.
Need help with "Consent to Let" from Paratus?
Paratus requirements state that if in advance of 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 Paratus. If the borrower wishes to let the property after completion then an application for consent to let should be made to Paratus by the borrower.
The application for consent to letting should be made to:
Customer Services Department, Foundation Home Loans Limited, 5 Arlington Square, Downshire Way, Bracknell, Berkshire RG12 1WA or DX 122530 Bracknell (2). Email:customerservicesreferrals@foundationhomeloans.co.uk/ Tel: 0344 770 8030
The content set out above covers to properties in England and Wales.
Other sites are avaialble targeted to borrowers for information and help on consent-to-let with Paratus.
Consent-to-let requirements differ from the Paratus buy-to-let requirements.
Find out how to order your redemption statement request from Paratus