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

  • I have a Banks and Clients mortgage on an apartment I own, in Harrow. This year, due to a change in my circumstances I decided to let out this flat, and rent a house in a different area within same loc. The state of affairs that altered is that I started cohabiting with my partner, and the flat is not large enough for us. I do not want to try to dispose of the flat because the current market value is significantly lower than the market value when I acquired the property ten years ago. I contacted Banks and Clients for a consent to let which was turned down as they considered that I wanted to invest in the flat. The whole process was very stressful and frustrating. There is a sense of urgencyas I have a prospective tenant waiting for this consent to let and may look elsewhere.I look forward to hearing from you
  • My wife and I have a standard mortgage with Banks and Clients. My company has offered me a house as part of my job and would like to lease out my existing property. The mortgage broker seems confident that it is straightforward process. Can you give me some information please?
  • What is the procedures for obtaining consent to let from Banks and Clients? What information do they ask for? is there a fee to pay? Is consent generally limited in time and if so, for how long? Do I need to renew it every year? What if I obtain a consent but decide not to rent the property out?
  • I own a home that's currently under shared ownership (My share is 60per cent) purchased in May 2013. I am currently going through the full purchase of the house. My partner and I have also got a second house that we are hoping to purchase. Mortgage in principle has been issued by Banks and Clients. I would like to know that I will be able to put the existing house through consent to let as soon as the remainder share has been purchased so, that we can start the process of buying the new home
  • I was just wondering if Banks and Clients would grant consent to let and what kind of fees, penalties and rate increase etc
  • I currently have a mortgage with Banks and Clients, but I am going to move out for approximately a year as we need to be closer to my partner's father. Will Banks and Clients give consent to let?
  • My OH is considering placing an offer on a new property in Brent and is getting a good deal as it needs some work done. We want to rent our current property for 2 years and come back to live. Is there anything in the Terms and Conditions of my Banks and Clients mortgage allowing me to lease it out or do I require specific consent to let?
  • Please can you inform me how much the fees are and if Banks and Clients typically grant consent to let without switching to a commercial rate?