Need Help?

Need professional advice for your consent to let with Bradford & Bingley Limited? There are various implications when it comes to letting out your property with an existing residential mortgage - you should seek professional assistance.

Questions and Answers: Bradford & Bingley consent to let

  • Doing everything by the book I’ve been leasing out my house with "consent to let" from Bradford & Bingley on a standard mortgage for the previous 24 months. Bradford & Bingley have now advised that they are withdrawing their consent to let unless we switch to one of their "buy to let" deals.

  • I have my one bed flat in Camden on the market but despite a few viewers there is a lack of interest so far. As a backup option I am considering leasing out the property if cant find a buyer. I dont anticipate a problem getting consent to let from the freeholder. My financial adviser has told me that in such circumstances I may have to switch to a buy to let mortgage yet the chances are that I don't have enough equity needed. What's the worst that could happen if I was to retain the current Bradford & Bingley home loan and rent out the flat on the QT I was told that they can put a marker on you for mortgage fraud once find out. Is that right?
  • My friend has rented her property off the same landlord for nearly one and a half years. Over the last twelve months my friend has been getting letters from Bradford & Bingley (she hasn't opened them-it is clear from the envelope). At first she forwarded them to the landlady's address. I was a bit suspicious as none of the landlord’s mail was meant to be going there. So I went to my friends house and called Bradford & Bingley on her behalf. The guy I spoke to at Bradford & Bingley asked all sorts of questions, the landlady's name her current address, information on the tenant and then said they were going to look into whether she had the appropriate mortgage and if she didn't it was an offence with no consent to let. Are you able to shed anymore light on this?
  • My granddaughter is going to work overseas for twelve months and would like to let her flat out. She has a Bradford & Bingley fixed rate mortgage on repayment and wants consent to let the property as well as transfer to interest only. What does she need to do?
  • I am potentially moving in with my partner but prefer not to sell my property. What is the process for requesting consent to let from Bradford & Bingley, and what are the chances that this will be granted?
  • I would like to know if I have a normal mortgage with Bradford & Bingley and decide to lease it out, does the rate get jacked up and are there any supplemental costs for seeking consent to let.
  • I am currently refinancing and investigating the flexibility of certain mortgage providers when it comes to consent to let. Bradford & Bingley is one of the mortgage companies I am considering. How accommodating are they when it comes to consent to let?
  • We are considering a remortgage offer with Bradford & Bingley and it's likely I will require consent to let during the fixed period. Are there any penalties I should consider?