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.

Frequently asked questions relating to RBS (One Account) consent to lease

  • My husband and I bought a garden apartment in 2010 for 305,000 with RBS (One Account). My husband’s job requires him to relocate to Qatar and realise that I need to obtain consent to let from RBS (One Account). Will they give consent?

  • Next month I will be relocating to Dubai. As opposed to sell my house, I would like to lease it out, just in case things don’t go as expected. My current mortgage is with RBS (One Account). If I applied for a refinance would a new lender consider this as me seeking to dodge a Buy To Let mortgage, of which there is very restricted availability for 80% LTV, and therefore turn down my request for Consent to Let?
  • We took a mortgage out on a garden flat in November however I will be working outside of commuting distance of Harrow for the foreseeable future but hope to find work closer in the long term. Given that I recently acquired the property I will lose money if I sell and do intend to return to Harrow so would like to keep it. How likely are RBS (One Account) to allow a consent to let and what will it cost me ?
  • Is it possible that lenders (my home loan is with RBS (One Account)) are adopting a more accommodating approach towards consent to let? A mortgage adviser recently informed me that Buy to let mortgages are not regulated by the FCA whereas residential mortgages are. Therefore if I transfer from a residential to a Buy to let I am moving to a regulated product. He suggested that under the current regulation lenders are wary of letting customers do this, which is likely why some banks will let borrowers obtain consent to let but not transfer to a BTL mortgage. Is he plausible?
  • I am looking to RBS (One Account) to grant consent to let out my flat in Westminster. I am moving to Mexico for 8 months on a secondment.
  • I own a residential home. I would like remortgage with RBS (One Account) and either change to buy to let or consent to let. I'm still within the redemption penalty period so not sure if it would trigger the penalty payment?
  • I have a mortgage with RBS (One Account) taken three months ago where I moved from another lender. Am I now able to rent my property with consent to let from RBS (One Account) as I am planning to buy a further property.
  • I am planning on moving within the next nine months and want to rent my property out. My interest rate is fixed with RBS (One Account). I am concerned that a rate hike would be too much if that was a condition of getting consent to let