Consent-to-let Help for Banks and Clients

Banks and Clients Consent to Lease Example Support Desk Enquires

• We have an existing mortgage with Banks and Clients and need clarify if it would be possible to seek consent to let out our maisonette in Lewisham.

  The rationale for needing to find tenants for the property are as follows: -

  • My family and I will be relocating to India early next year.
  • In letting out the property this will enable us to make some savings to help the migration process.
  • There is little merit from a financial point of view to pay outright for a property which we are no longer living and by renting out the property this would be viewed as continuing investment.

  If Banks and Clients granted permission to us for renting we would propose some financial commitments which are as follows: -

  • Maintain paying the monthly mortgage payment by direct debit.
  • Instruct an accredited letting agent who will provide a rent guarantee scheme as a further financial safeguard.
  • Supply our contact details for when we move.
• Where can I find the Banks and Clients consent to let form on your site I am unable to locate it on the web.
• I previously took a mortgage with Banks and Clients and the LTV is presently 60% with the Banks and Clients current book value and would like to buy a further property but would like to keep my existing property at the current market value. I have had CTL from Northern Rock on a previous property so know a bit about them and I also have buy to let with Accord on another property. Does the expected rental income on a consent to let with Banks and Clients need to exceed the mortgage repayments? I have a fixed rate which I tied into a fixed rate and left the term at 18 years so it was paid off as early as possible, obviously this leaves with quite a high monthly cost.
• My partner and I might have to rent his apartment out. I am aware that I need a consent to let by Banks and Clients. We plan on joining a landlord association if we decide to let the property, but are there any opinions on which is the best? We've come across the RLA and National Landlords Association.
• My mortgage company wont issue consent to let without a move in date confirmed with a tenant. How can I confirm this whilst lacking consent to let? I am not sure but I vaguely recall my friend had a similar issue with Banks and Clients.
• I want to take in lodgers for my garden flat in Sutton which I live in. My mortgage is with Banks and Clients. How do I go about getting a consent to let?
• I am already leasing out my flat but may have been sussed out. I have 5 months remaining on my fixed rate. How easy is it to get consent to let from Banks and Clients. Is it just a five minute phone call, pay the charge and it's done there and then?
• I need to lease out my apartment to be nearer to my daughter's college and take care of my mother. How long will the consent to let take to get from Banks and Clients? 2 weeks?