Consent to Mortgage

By Justin Whitelock

Founder of Mortgage London (a trading style of City Finance Brokers Limited, authorised and regulated by the Financial Conduct Authority, FCA No. 766295)

A written agreement signed by an adult occupier of a property who is not on the mortgage itself, postponing any rights they may have to the lender’s charge.

Related glossary terms

Standard Variable Rate (SVR)

The lender’s own variable mortgage rate that often applies after an introductory deal ends, subject to lender changes.

Agreement in Principle (AIP)

An early lender indication of potential borrowing capacity based on basic financial information, serving as preliminary approval rather than formal commitment.

Foreign National Mortgages in the UK

A foreign national mortgage is a UK mortgage for a borrower who is not a British national, whether the borrower is currently resident in the UK on a visa or settled status, or living outside the UK and buying UK property from abroad. Lenders typically treat these cases as specialist because nationality, country of residence,

Withholding Tax

Tax deducted at source from a payment by the payer and passed to HMRC, applying to certain overseas income payments.