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

Frequently asked questions relating to Bradford & Bingley consent to lease

  • Last month I received consent to let on a residential mortgage with Bradford & Bingley with a view to switching to a BTL rate when the fixed rate expires within the four months, so I'm uncertain if this adds to the complexity of the issue! Any advice gladly appreciated.
  • For two years now I have been with Bradford & Bingley and have just renewed a fixed rate. The LTV is in the region of 30%. We now need to move into my elderly mother-in-law's flat to care for her, it would make sense to let our house out - do I require consent to let from Bradford & Bingley and is it likely to be granted?
  • We are planning to utilise equity in my present house to acquire an additional property which I propose to live in whilst I refurbish. My preference is to rent my first property with the Bradford & Bingley loan. I was just seeking a general view on whether Bradford & Bingley currently allows consent to let? House is worth £450 k with a £200k mortgage in place.
  • Just wondering whether Bradford & Bingley conduct any checks when applying for a homeowner mortgage, I'm preferably looking to lease the property out and am in two minds as to whether I should apply for consent to let. How likely are they to find out if I let the house out?
  • How easy is it to obtain a consent to let from Bradford & Bingley and what will it cost me? If I want to let out my property for a couple of months how simple is it to fluctuate between a residential mortgage and consent to let?
  • I was just enquiring if Bradford & Bingley were picky when considering consent to let. I sent my request on date and I am waiting to hear back. Should I start chasing or wait for a bit longer?
  • I have a domestic mortgage with Bradford & Bingley which is only eight weeks long but I have been moved abroad with work. How easy is it to obtain consent to let from Bradford & Bingley for a mortgage that has only recently started and I have just bought the property?
  • We have four months to left on a 2 year residential mortgage with Bradford & Bingley but now let the flat out. Can I assume they will simply charge a flat fee for consent to let?