Need Help?

Need professional advice for your consent to let with NRAM Ltd? 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 NRAM Ltd consent to let

  • A year ago my building society (not NRAM Ltd) gave me with consent to let. This was subject to a provision that every 6 months they would add a charge of half a percent of the remaining mortgage amount. Having the first few payments they have omitted to make the charge in recent months. This may well be a simple error but I am nervous that it would also mean I no longer have Consent to Let.
  • My flat has a mortgage against it with NRAM Ltd and I have been letting out my apartment omitting to get consent to let, making me in contravention of my mortgage terms and condition. I think I have come onto their radar that I am not living there. What negotiating options are available if I don't sell it in time before they become aware I have breached my terms and condition?
  • I have been reckless in not informing NRAM Ltd that I’m letting my house out. Ideally I would like to do the right thing with as little adverse implication as possible. If NRAM Ltd says yes, is there any way of them finding out historically that the property was let without consent?
  • I have a first time buyer mortgage on a one bedroom first floor purpose built maisonette in Hounslow but have rented it out without making NRAM Ltd aware of this. I now require a consent to let letter. How can I get one?
  • How easy is it to obtain a consent to let from NRAM Ltd and what does it cost? If I want to let out my property for a couple of months how simple is it to chop and change between a normal mortgage and consent to let?
  • Situation: I am moving abroad. Potentially for many years. Nevertheless I will be on a 3 month test period .I would like to know the criteria for consent to let from NRAM Ltd and what fees are involved
  • I am going away for work for up to 12 months... I was wondering if I was able to gain from NRAM Ltd consent to let the property out while overseas as I am reluctant to leave it vacant for that period
  • I am intending on moving inside the next six months and wish to rent my flat out. My interest rate is fixed with NRAM Ltd. I am concerned that a 1% increase would be too much if that was linked to obtaining consent to let