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Need professional advice for your consent to let with Barclays Bank as The Woolwich? There are various implications when it comes to letting out your property with an existing residential mortgage - you should seek professional assistance.

Sample questions relating to Barclays - Woolwich consent to let

  • I am in a catch 22 with a Consent to Let mortgage. Having sought consent to let the bank has requested evidence of a signed Assured Shorthold Tenancy before they will grant consent. If I get a signed tenancy agreement would I not be violating the lender’s terms and conditions?

  • I have a residential loan with Barclays - Woolwich. I wanted to purchase a further house and my mortgage broker suggested I seek consent to let. As far as I am aware they only accept the consent to let if I have the intention to reoccupy my current home. Your view would be appreciated?
  • I have a maisonette in Redbridge let out which has a sixty year lease. Mortgage adviser said I should remortgage (currently with Barclays - Woolwich) as a buy to let rather than consent to let and release 55-60k which on top of a new homeloan based on my income would give me a budget of £210k. Not much about in Havering for me to get my own place. To extend the lease will be in region of 21k. Lease out with consent to let or sell the flat?
  • My partner and I hope to rent out our flat in Croydon which is on a standard residential mortgage with Barclays - Woolwich . Obviously I will seek a consent to let. If there is a cost for the consent to let can this amount also be claimed as an allowable cost on my tax return to the tax authority?
  • What is the longest period that Barclays - Woolwich is willing to issue Consent To Let for?
  • We have a standard variable rate mortgage with Barclays - Woolwich and are considering obtaining consent to let so that we can apply for another mortgage on another property that I own on a buy to let basis. Ahead of applying We would be interested to know the repercussions if any of making the change and any facts that we need to consider.
  • I am trying to find out if Barclays - Woolwich will grant consent to let in a situation where we need to move closer to relatives in a different house albeit that we may move back the future if circumstances change.
  • I am currently remortgaging and looking at flexibility of certain lenders when it comes to consent to let. Barclays - Woolwich is one of the mortgage companies I am thinking of going with. How accommodating are they when it comes to consent to let?