Need Help?

Need professional advice for your consent to let with Bradford & Bingley Limited? 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 Bradford & Bingley consent to let

  • Eighteen months ago we bought our council flat, in SW London,recently valued at £200k. It's completely paid for from our own finances, mortgage fee. We are prohibited from selling (without penalty of losing some of our discount) before five years have expired. Regardless, we wish to keep it as a investment property to rent out. We wish to release some equity via a Bradford & Bingley mortgage. If Bradford & Bingley refuse are there lenders that will allow this and grant consent to let?
  • How likely are Bradford & Bingley in giving Consent To Let on a ground floor flat? Agents have had it on the market for two months. I need to sell but I'm worried that given the lack of interest I will have to get a tenant in to cover the mortgage to Bradford & Bingley (I do not now live at the address). I would prefer to be open with Bradford & Bingley than keep them in the dark but I am concerned as to how helpful they will be.
  • I have just been presented with a once in a lifetime job opportunity for eight months overseas. I do have sufficient cash reserves to meet the monthly Bradford & Bingley mortgage yet the block insurance stipulates that the property must be occupied in order not to be invalidated. Last December the roof had some leaks that were repaired. If there happened to be any problems through the winter months I would struggle to afford repair costs. Will I qualify for consent to let from Bradford & Bingley for the period I am overseas?
  • My fiance are locked into a fixed rate mortgage with Bradford & Bingley for 2 yrs and have been living in the flat for just over one year. Due to work I need to relocate so I would like to lease the place out. How can I get consent to let from Bradford & Bingley?
  • My mortgage company wont issue consent to let without a move in date confirmed with a tenant. How can I confirm this without consent to let? I am not certain but I think my friend had a similar issue with Bradford & Bingley.
  • My OH and I are interested in understanding the Bradford & Bingley consent to let process and conditions for granting.
  • At the moment I do not have consent to let from Bradford & Bingley but I would like to apply, An opportunity has arisen which might involve me working away for eighteen months. But want to keep my home for my return - are you able to help?
  • What, if any, income criteria do Bradford & Bingley set for consent to let on an existing standard mortgage?