Consent to Let, Tied Accommodation
Indicates if a lender can potentially allow customers that are in tied accommodation to take a residential product but gives the customer permission to Let the property whilst they remain in the tied accommodation. For example you are moving into or currently in tied accommodation linked to your employment (e.g. boarding school teacher, vicar/minster, estate worker, army barracks etc) and will remain in this situation until your job ceases at some point in the future. You'd like to purchase a property that you intend to live in at a later date but would like to Let the property whilst you remain in tied accommodation.
What is Criteria Brain?
Criteria Brain is an online research tool for UK based mortgage advisors. Authorized advisors are able to research mortgage lenders criteria in granular detail across many lenders. Without a system like this, the advisors research phase can often take many hours and for complex cases, days, which results in frustrating delays to customers. Criteria Brain fixes this problem by providing a platform which lenders can upload their rules to, in a format that allows advisors to extract the precise information they need in great detail and very quickly. The information contained within Criteria Brain is for advisor use only but by completing the simple form, you could be speaking to an advisor who can answer this question and many more.