Need Help?

Need professional advice for your consent to let with The Royal Bank of Scotland plc Virgin One? 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 - Virgin One consent to lease

  • My wife and I may be given an opportunity to work in a different office in the UK for a three months and would like to know if we can rent our existing property. It is a 2 year fixed rate and we are three months into the mortgage with RBS - Virgin One. We have lived at the property for more than four years. The LTV is 65%. What are the chances of obtaining consent to let from RBS - Virgin One? What can we expect in fees etc
  • My plan is to let my ground floor flat out from mid June this year as I will be going for a few months. I have a residential mortgage with RBS - Virgin One. I will not be letting for more than four months. Most likely it will be 4-5 months. I have been told to get consent from my freeholder first? Please can you advise what I should be doing in what order?
  • At the moment I am looking to acquire my first home however, working as a consultant. I want to chose a mortgage company that will permit short term letting with a residential mortgage so that I could let the property temporarily with long periods of absence without being forced into a buy to let mortgage. Are you able to advise me on how lenders would perceive this and specifically the approach taken by RBS - Virgin One.
  • Our fixed rate mortgage with RBS - Virgin One ends 1st December. I am required to relocate to Newcastle for my company in February. I wish to rent the house temporarily. Can I get a consent to let the property?
  • My RBS - Virgin One mortgage fixed rate ends in April and have to move with work soon after. Will I be able to both remortgage and obtain consent to let?
  • Will RBS - Virgin One choose to operate a right to change the rates on a domestic mortgage where Consent to Let at any time, onto ‘rates equivalent to their BTL range'? Can one refinance on a consent to let with RBS - Virgin One?
  • I would like to find out more about how to get consent to let on a property. In particular what is the procedure for consent to let if you have a normal mortgage with RBS - Virgin One
  • Me and my husband spoken to someone at RBS - Virgin One about changing our current mortgage to consent to let (the existing two year fix expires in june 2016). Can I just confirm that I need to send a letter explaining our change in circumstance to RBS - Virgin One? Where do I need to post it to?