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Need professional advice for your consent to let with NRAM Ltd? 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 NRAM Ltd consent to lease

  • Two years ago I was granted consent to let from my existing mortgage provider which is about to come to an end. Since I took this out to travel and start a family. I'm not earning enough just now to pay the mortgage by myself. I have been told I can't extend my consent to let and if I continue renting out I will be in action would be taken for breaching my mortgage contract. Due to affordability I it is likely that I will be refused to transfer to a BTL product. One option I am thinking about is remortgaging to NRAM Ltd. Are they likely to grant consent to let from day one?
  • We are a newly married couple and we found a apartment in Islington that we like and wish to take out a mortgage with NRAM Ltd. My concern is that I am pregnant and might give birth any time soon as I am on the last few weeks of pregnancy. This means that it would not be possible for us to move right away so we are thinking to keep living with my mum and dad for about six months. Meanwhile, if we get this property, we can rent it out. I was just wondering how will that work out? Are we likely to get consent to let by NRAM Ltd
  • I have a mortgage with NRAM Ltd however my husband and I will be relocating to New Zealand in January. 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':
  • We are hoping to make use of equity in my existing house to buy another property which I propose to live in whilst I refurbish. I would like to let out my current property with the NRAM Ltd loan. I was just looking for a general view on whether NRAM Ltd currently allows consent to let? House is valued at £350 k with a £125k mortgage in place.
  • My husband and I have a NRAM Ltd home loan currently and may wish to let it out for a limited period of time with consent from NRAM Ltd for (1 year). Is this achievable?
  • My wife and I are interested in discovering more about the NRAM Ltd consent to let procedure and prerequisites for granting.
  • I am considering relocating with work and would need to rent my property out. I have a mortgage with NRAM Ltd. My property is worth approx £250k and owe £57k on it. How likely is it that NRAM Ltd increase my interest rate?
  • I would like to find out more about obtaining consent to let on a property. In particular what is the procedure for consent to let if you have a domestic mortgage with NRAM Ltd