Need Help?

Need professional advice for your consent to let with The Royal Bank of Scotland plc First Active? 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 RBS- First Active consent to lease

  • Is it possible to remortgage on a consent to let with RBS- First Active?

  • Me and my partner are planning to purchase a 2 bed flat with 10% down payment with the aim of moving in. Somewhat fortuitously the in-laws have plans to move abroad If we were to proceed with a residential mortgage with RBS- First Active would we likely encounter any difficulties with negotiating consent to let ?
  • I am two years into a 5 years fixed term mortgage and have accepted a job abroad so would like to let my property for 2 years. My LTV is around fifty per cent. Can you tell me if RBS- First Active will charge me more interest for consent to let for the period that the property is tenanted?
  • My partner have an offer accepted to buy a house, we have a deposit of between 10-15% for a standard mortgage with RBS- First Active. The one concern is we are due to leave the country in three months for work. We are going through our financial adviser. He says if you tell this to RBS- First Active up front you will need to get a buy to let. Do go ahead with residential mortgage with RBS- First Active, in a couple of months ask them if we can have consent to let? Otherwise, do we try and contact RBS- First Active at this point and reveal there is a chance we will move abroad in the future (nothing is definite regarding the move abroad) and see if they confirm in advance that it should not be a problem
  • What are the circumstances under which RBS- First Active would decline a request for consent to let?
  • I recently acquired a one bedroom second floor purpose built flat in Wandsworth. I am a FTB. I am moving Ireland next month, can I get consent to let from my lender RBS- First Active or do need to wait for at least 6 months?
  • I am planning on relocating within the next 6 months and wish to rent my flat out. My mortgage rate is fixed with RBS- First Active. I am worried a 1% increase would be too much if that was linked to receiving consent to let
  • I have fixed rate mortgage with RBS- First Active. I may have to let out my flat due to necessity. Were I to apply for consent to let, will I have to pay significantly more interest?