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

Top Five Questions relating to National Westminster Bank consent to lease

  • If I decided to rent out my garden flat with consent to let by National Westminster Bank, what evidence would be required of tenancy? If after twelve months I decided to let it on a number of short term lets, am I still required to supply proof to National Westminster Bank, or will they be content provided i keep up with the payments? By way of example if I rent the rooms out individually at a later stage, is there any reason for National Westminster Bank to be informed and would they take issue?
  • I would like to let my one bed flat out from the end of June this year as I will be travelling for a few months. I have a residential mortgage with National Westminster Bank. I will not be letting for more than four months. Most likely it will be four months. I have been told to get permission from my freeholder first? Please can you suggest what I should be doing in what order?
  • I rented my house out for three years from 2010-2013 while working abroad. I have a letter dated March 2010 from the building society granting consent to let. In the letter it clearly stipulates that the consent to let is valid for "the remaining term of the mortgage". I have not refinanced since the letter was issued. I now plan to move house and rent out my existing house. However, my IFA has suggested that the 2010 consent to let letter may not be sufficient for the new lender National Westminster Bank for the property I intend to purchase.Can this be correct
  • Me and my partner have a flat in Bromley which we acquired off-plan approximately seven years ago. As we've now got a young son we require more space. We've identified a house in Croydon that we would like to buy and want to keep the flat as an investment to rent out. The mortgage is with National Westminster Bank and we've found a tenant who will pay rent which more than covers the monthly mortgage payment. Our question is, can we retain the repayment mortgage with National Westminster Bank so we effectively paying off our loan on the property or do we have to swap to a buy-to-let product?
  • National Westminster Bank. Will they issue consent to let a property for three years? I plan to return as an owner.
  • I am looking to National Westminster Bank to issue me with consent to let out my home in Wandsworth. I am moving to Mexico for Eight months on a secondment.
  • I would like to rent the attic in my flat in Merton. Do I require consent to let from my mortgage co National Westminster Bank?
  • Will National Westminster Bank choose to exercise a right to switch the rates on a residential mortgage where Consent to Let at any time, onto ‘rates equivalent to their B2L range'? Can one remortgage on a consent to let with National Westminster Bank?