Need Help?

Need professional advice for your consent to let with Barclays Bank as The Woolwich? There are various implications when it comes to letting out your property with an existing residential mortgage - you should seek professional assistance.

Barclays - Woolwich consent to let: Q and A’s

  • Can a new mortgage be taken on a consent to let with Barclays - Woolwich?

  • I need to transfer my homeowner mortgage with Barclays - Woolwich to a consent to let and looking for some guidance... I bought my first home in London fouryears ago. After a career opportunity I moved to Belfast, and a few months ago got a residential joint-mortgage with my partner. I am inclined to stay with Barclays - Woolwich and seek consent to let rather than attempt to apply for a new mortgage elsewhere, but if Barclays - Woolwich refuse what lenders can I approach.
  • The plan is to move in with my partner and I have let my property out to 2 students on a one year tenancy. The application for consent to let from Barclays - Woolwich is in hand but what if they refuse. I can’t renege on my contract in terms of backing out of renting the students as the paperwork is finalised. On the flip-side Barclays - Woolwich could sue me for contravention of contract i.e. renting it out in the absence of consent to let.
  • My mortgage is with Barclays - Woolwich and wonder if I am required to disclose if we no longer live in the property. I believe that they may bump up the interest rate if we move and let it out but it's not very obvious what the change would be. If I decide to rent my property out and apply for consent to let how would the payments go up?
  • The prevailing mortgage is with Barclays - Woolwich, but I am going to move out for approximately 12 months as we need to be closer to my wife’s father. Will Barclays - Woolwich grant consent to let?
  • Can you help with a question...if consent to let is given by Barclays - Woolwich would it usually be restricted to a time limit, such as one year?
  • I recently bought a three bedroom ground floor purpose built maisonette in Hillingdon. I am first time buyer. I am moving Belfast next month, can I get consent to let from my lender Barclays - Woolwich or do I have to wait six months?
  • My wife and I may need to lease our home temporarily due to a new job. This will be for a limited period but perhaps for threeyears. Should I tell Barclays - Woolwich or it is wise to keep schtum?