Need Help?

Need professional advice for your consent to let with Kent Reliance (a trading name of OneSavings Bank 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 Kent Reliance consent to let

  • I have to move my children's school by mid-January and move to a different area. there is insufficient time to sell my house.The only way I can see of doing it is to let my property out. Currently I have standard occupiers insurance. Do I need different insurance? What should request from Kent Reliance regards to consent to let?
  • I have had a current homeloan with Kent Reliance for almost 18 months and the fixed rate is about to be renegotiated. We are thinking of extracting equity from our current place to allow us to buy a new larger home and then rent out the current one bedroom apartment. We were originally informed that we ought to look for a new residential mortgage with a consent to let - can you explain what this is?
  • I have a mortgage with Kent Reliance however my husband and I will be relocating to Australia in December. The mortgage is in my name yet it is my husband's job that is taking us abroad how do I answer the question: 'please indicate why you wish to let the property':
  • Is it correct that lenders (I have a mortgage with Kent Reliance) may start taking a more accommodating approach towards consent to let? A broker suggested that BTL mortgages are not regulated by the FCA whereas residential mortgages are. Therefore if I transfer from a owner-occupier to a BTL I am moving to a regulated product. He suggested that under the current regulation lenders are reluctant to allow customers do this, which is likely why some banks will allow borrowers obtain consent to let but not swap to a BTL product. Is he plausible?
  • My lender refuse to issue consent to let until I have a move in date confirmed with a tenant. How can I confirm this without consent to let? I am not certain but I think my friend had a similar issue with Kent Reliance.
  • I would like to rent a room in my flat in Hackney. Do I need consent to let from my mortgage provider Kent Reliance?
  • In the event that I was successful in obtaining consent to let from Kent Reliance, can I sell during the consent period? Is it possible that I would incur any penalties?
  • Does my LTV need to be at a certain ratio to allow me to apply for a consent to let from my mortgage lender Kent Reliance. Will any consideration be given to the fact that I only recently out the mortgage three months ago?