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

Frequently asked questions relating to National Westminster Bank consent to lease

  • Under what situations will consent to let for a property be issued from National Westminster Bank? For what period of time do you have to have had owned the property before consent to let can be granted by National Westminster Bank? By way of background we are moving abroad for 20 months with my husband's work and will need to rent our property. I am looking at seeking consent to let initially in order to put a tenant in it to offset the costs of the National Westminster Bank mortgage.
  • Me and my wife acquired a house in 2006 on shared ownership basis, I own 50% through bank loan and rent the remaining half. In late 2014 I bought a new home. I rented out my first property and moved to my new property. I gained consent to let from my mortgage company and I was under the assumption I had consent to let from the housing association. Yesterday I had a letter from the housing association saying they had nothing on record to say I had obtained consent to sublet. What are my options?
  • My property recently got consent to let on a non-commercial loan with National Westminster Bank with aim of changing to a B2L rate when the fixed rate expires in a few months' time, so I'm not sure if this complications to the issue! Any insight much appreciated.
  • Is it possible to switch a residential mortgage with National Westminster Bank to a consent to let. It will be less than 70% loan to value and it would change from repayment to an interest only loan?
  • If I were to apply for consent to let from National Westminster Bank how much time does it take to get consent to let after you apply to National Westminster Bank. ?
  • How likely is it that I can retain my existing domestic mortgage with National Westminster Bank if I start renting out? If the consent to let is granted will they tie me into an increased rate?
  • I would like to find out more about obtaining consent to let on a property. In particular what is the procedure for consent to let if you have a normal mortgage with National Westminster Bank
  • I took a domestic homeloan with National Westminster Bank. I purchased the property in September two years ago. What are the options and criteria for consent to let.