Consent-to-let Help for NRAM Ltd

Common questions relating to NRAM Ltd consent to lease

• I'm about to apply to NRAM Ltd to obtain consent to let out my home in NRAM Ltd. However I currently have the property for sale but there are no takers and forking out for a full mortgage, council tax and insurance on an empty house is draining me financially. What approach would NRAM Ltdtake if I market the property?

• What do I do if my application for consent to lease is subsequently refused by NRAM Ltd?

• me and my wife have just sorted our rates for another fixed five years with NRAM Ltd. However, I attended an interview and basically I accepted the job offer in Merton. I'm going to rent a one bed flat for me and my family in Southwark as we don't want to sell the house whist there is a possibility that we come back before two years.... We really have no idea whether it will work out. We have contacted NRAM Ltd but we would like also your take on the situation. How is it to have a consent to let in that case as we just got a fixed 5 years rate we really don't want to lose this rate.
• We have an existing mortgage with NRAM Ltd and wish to clarify if it would be possible to obtain consent to let out our garden flat in Merton.

  The rationale for wishing to let out the property are are due to: -

  • My wife and I will be relocating to Hong Kong next spring.
  • By renting out the house this will facilitate savings to help the migration process.
  • There is little merit from a fiscal perspective to discharge the mortgage for a property which we are no longer living and by renting out the property this would be viewed as an ongoing investment.

  If NRAM Ltd agreed that we are able to proceed with renting we would propose some financial commitments to include: -

  • Continue to pay the monthly mortgage payment directly from my bank account.
  • Retain the services of an accredited letting agent who will provide a rent guarantee scheme as a further financial protection.
  • Supply our contact details for when we emigrate.
• Should I decide to apply for consent to let from NRAM Ltd how long will it take to hear back?
• How do I go about getting a consent to let application form from NRAM Ltd and how quickly can I get the consent?
• We have a consent to let letter that I have procured from my management company. I presume I need to attaching this with a letter to NRAM Ltd with a view to obtaining consent to let from them. What address shall I mail it to?
• Is it possible that NRAM Ltd would have an internal record as to whether consent to let was granted for a specific property?