Consent-to-let Help for Yorkshire Bank Home Loans Ltd

Questions and Answers: Yorkshire Bank consent to let

• Within the next few days I intend to contact Yorkshire Bank to obtain consent to let out my home in Yorkshire Bank. However I have put the house on the market but there are no takers and forking out for a full mortgage, council tax and insurance on an empty house is hurting financially. What approach would Yorkshire Banktake if I market the property?

• I spoke to a mortgage broker friend last month. He said that were I to decide to move abroad with my job for a period then I should not apply for consent to let from my mortgage provider (Yorkshire Bank) until at least four weeks before I plan to rent out my house. Am I to understand that I have to find a tenant first and then obtain a consent to let?
• I am thinking of applying for consent to let from Yorkshire Bank as my personal situation has changed. My stepdaughter started college and I felt we would move nearby and chose to buy a property rather than rent for 3 years. After having purchased the house there has been breakdown in my relationship with my my step daughter and she refuses to live there. Since the whole idea was for her and the house location isn't so convenient for my work I would like to leave and let the property
• My partner and I currently live in Hong Kong and letting out our flat in the UK. This was unplanned but an opportunity presented itself and we took it. The rental income is insufficient to cover the mortgage so we transfer funds each month to make up the shortfall. Yesterday our lender got in touch telling me that as the property is being let out and has been for almost three years we will have to pay 1.5% interest in addition to our current mortgage rate. One option would be to sell up but this will be far from easy as I am on the other side of the world. Could we remortgage with Yorkshire Bank and get consent to let?
• We have already let but only just realised Yorkshire Bank ought to have been told and consent to let applied for - can consent be obtained retrospectively?
• I’ve already been told to write a letter to Yorkshire Bank to obtain consent to let, I'm just trying to find some guidelines on the letter? What I should or shouldn't include?
• I would like to know if I have a domestic mortgage with Yorkshire Bank and decide to let it out, does the rate change and are there any supplemental charges for obtaining consent to let.
• I am looking at taking a job overseas and have been advised that I need to let Yorkshire Bank know so my mortgage is under consent to let? Please could you clarify the best way to go about this?