Need Help?

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

Top Five Questions relating to RBS (One Account) consent to lease

  • My granddaughter is going to work abroad for two years and would like to lease her flat out. She has a RBS (One Account) fixed rate mortgage on repayment and wants consent to let the property as well as switch to interest only. What does she need to do?
  • How simple is it to obtain consent to let with RBS (One Account). I'm intending to opt for a fixed homeowner mortgage and plan to reside there but would like to understand my options if work has opportunities elsewhere for example within 2 or 3 yrs Please let me know how challenging it is in your experience with RBS (One Account)?
  • We may need to lease our home out for a while due to a career opportunity. This will be for a limited period we would possibly like a consent to let our property. We presently have a RBS (One Account) mortgage. What are the fees involved and time limits on consent to let agreements?
  • I want a bit of initial insight to see consent to let is a feasible proposition. I completed the purchase of my apartment 7 months ago by porting an existing RBS (One Account) mortgage product. My fixed rate came to an end 4 months ago. I'm currently deliberating moving in with a new partner who has his own property and mortgage also with RBS (One Account), which I would not seek to be added to. I don't want to sell my property yet because I'm unsure of whether the new move will work out. I don't want to change to a buy to let mortgage yet for 2 reasons: 1) I need to find out whether letting my property is a viable option for myself and 2) I need to find additional capital to satisfy the 65% LTV ratio required for a buy to let loan. Ideally I would like to get a consent to let from RBS (One Account) for a couple of years in order to be more secure in becoming a possible landlord and to raise the capital. If at the end of the consent to let period I was unsure I would probably either sell my property or, depending on the new relationship working out, reoccupy it.
  • We are nine months into a five year standard mortgage with RBS (One Account). Just curious whether it's permitted to let out the flat on my current mortgage. Will RBS (One Account) issue consent to let?
  • What are the circumstances under which RBS (One Account) will turn down a request for consent to let?
  • I am already letting out my property but may have been sussed out. I have four months left on my fixed rate. Is it simple to get consent to let from RBS (One Account). Is it just a five minute phone call, pay the charge and it's done there and then?
  • My husband and I would like to obtain consent to let on a house where we have a mortgage with RBS (One Account). If granted, how long would consent be given for? In asking for consent to let from RBS (One Account) are we running the risk of them forcing us to change deal to BTL