Need Help?

Need professional advice for your consent to let with Banks and Clients plc? There are various implications when it comes to letting out your property with an existing residential mortgage - you should seek professional assistance.

Examples of recent questions relating to Banks and Clients consent to let

  • My partner and I may need to let our Bexley home temporarily due to a career opportunity. This will be temporary but perhaps for five years. Should I tell Banks and Clients or do I not rock the boat?

  • I am about to join the property ladder interested in a terraced house in Banks and Clients. I have a 50% deposit will be getting a mortgage from Banks and Clients. My predicament is that my girlfriend has a flat in Maida Vale and I anticipate moving in next year, at which point I would want to let out my property. I have heard of consent to let but it does not sound like a positive outcome is assured. Is there any advice you can impart?

  • I am with Banks and Clients and just had to apply for consent to let, but wondered if they impose any stipulations on the level of rental income?
  • The likelihood is that I will have the opportunity to work abroad in a couple of years. I am therefore thinking of downsizing to a newbuild flat in Havering which I could rent out with less difficulty as and when required. I would aim to retain 50% equity in the new flat which would be my home for a while. My existing lender limits consent to let for 12 months. I suspect renting it out longer term and not informing them could land me in a whole host of problems. BTL seems unnecessarily expensive given that I will be living there, perhaps for 2-3 years initially. What type of mortgage should I be seeking, and from which lender? Do lenders such as Banks and Clients issue consent to let for more than a year?
  • I previously took a mortgage with Banks and Clients, but I am going to need to get consent to let for around a year as my partner is unwell and is struggling to balance work with the hectic environment we are living in. We want to just chill out a little for twelve months (by living near her mum and dad and having support) in a greener more relaxed suburb of Bristol.
  • Am I required to wait for consent to let to be given on my prevailing residential mortgage with Banks and Clients before applying for a resi mortgage on a second property?
  • Our Banks and Clients mortgage is coming up for renewal. We would like to apply for a new fixed rate mortgage and then seek consent-to-let. Is this possible? We don't use the house much now that our kids are growing up, and would be better used as a rental.
  • My daughter has a mortgage with Banks and Clients and she wants to lease her apartment out as she moving in with her boyfriend.Will she be granted consent to let? What is the process and what needs to be done next?