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

Examples of recent questions relating to Clydesdale Bank consent to let

  • I have a shared ownership property in Tower Hamlets and will be looking to buy out the rest of the property. However, in the future I may be working in Kenya for a short period of time so would like to know what approach Clydesdale Bank take to consent to let as I am considering a remortgage with them. I am by no means sure that they will lend on my property but in the meantime can you provide further detail on their consent to let criteria?
  • I have a home that's presently under shared ownership (My share is 60%) and I bought it in Aug 2013. I plan to go through the full purchase of the house. Me and my wife also have in mind a further house that we are hoping to purchase. Mortgage in principle has been issued by Clydesdale Bank. I would like to know that I will be able to put the current house through consent to let as soon as the remainder share has been purchased so, that we can start the process of buying the new property
  • I rented my house out for three years between 2010-2013 while working overseas. I have a letter dated May 2010 from my lender granting consent to let. In the letter it clearly stipulates that the consent to let is valid for "the remaining term of the mortgage". I have not remortgaged since the letter was issued. I now plan to move house and rent out my existing house. However, my financial advisor has suggested that the 2010 consent to let letter may not be sufficient for the new lender Clydesdale Bank for the property I wish to purchase.Can this be right
  • How many months after getting a new mortgage will a consent to let be likely to be given by Clydesdale Bank? To give some background I purchased my property in Harrow nearly two years ago and am currently on a three year fixed rate. I since met a guy and plan to move in to his place. I intend to get a better fixed term next October. I presume that I would have to wait at least 6 months before I could request a consent to let. Is that correct?
  • Just curious as to whether it is possible if you own one property with consent to let from Clydesdale Bank, to buy another with a residential mortgage to live in. Then once the consent runs out on the first property, to change to buy to let or sell it?
  • My existing mortgage is with Clydesdale Bank, but I will soon to need move out for around 12 months as we need to be closer to my wife’s parents. Will Clydesdale Bank issue consent to let?
  • If I am tied into a fixed rate with Clydesdale Bank but am thinking of letting out my property, is there a cost for consent to let from Clydesdale Bank and does the interest rate increase?
  • I own a residential home. I would like remortgage with Clydesdale Bank and seek consent to let. I'm still inside the redemption penalty period so not sure if it would trigger the penalty payment?