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

Questions and Answers: Royal Bank of Scotland consent to let

  • I have a Royal Bank of Scotland mortgage and have been renting the property without consent to let, which I am now led to believe means I am in breach of my mortgage terms and condition. They may have suspicions that I am not living there. Is my only option is to sell the flat before repossession?
  • My house had been tenanted for three years between 2009-2012 while employed overseas. I have a letter dated June 2010 from my building society granting consent to let. In the letter it clearly states that the consent to let is valid for "the remaining term of the mortgage". I have not changed product since the letter was sent. 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 satisfy the new lender Royal Bank of Scotland for the property I wish to buy.Can this be right
  • I have a flat in Sutton with a Royal Bank of Scotland mortgage but have not lived there for a while. My dad moved in but is there rent free. At the moment I live in rented accommodation and am keen to buy a house. I have found an ideal property at reasonable price. I have sufficient for a deposit to put down on the house I am interested in but would be a financial strain to pay enough off the old property to switch it to a BTL loan simultaneously. Can I transfer the current Royal Bank of Scotland mortgage for my old property into a consent to let and use my savings to pay a larger deposit for the domestic mortgage on the property that I want to buy?
  • My husband and I are soon to send the final details to our broker for them to move forward with our mortgage application to purchase our first home together. My husband bought an apartment in 2001 which he co-owns with his brother. That flat was and continues to be rented out without any consent to let from Royal Bank of Scotland. So, back to our application - our broker requested info on the Royal Bank of Scotland mortgage. If we come clean about the lack of consent to let by Royal Bank of Scotland will it materially impact the chances of getting a mortgage?
  • Is it possible to negotiate a consent to let from Royal Bank of Scotland if I have a current mortgage which has been in place for eight years?
  • I are considering applying to Royal Bank of Scotland to obtain consent to let our property, how long does it take from the point of sending the forms to us finding a letting agent and listing our house for rent? and are there any other steps we will need to take?
  • I was wondering if you can assist. I do not have consent to let from Royal Bank of Scotland and would like to know if this option would be possible for me to switch to as I have to move back home to take care of my mum
  • I would like to get consent to let from Royal Bank of Scotland for a couple of years at which point I can switch to a buy to let. Is this feasible