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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.

NRAM Ltd consent to let: Q and A’s

  • I have a friend who is talking about renting their house out and moving in with partner. The property is in Bexley and has a £80k mortgage with NRAM Ltd. What would she need to do to get consent to let if she decides to proceed.
  • I own a three bed leasehold flat via a NRAM Ltd mortgage and have a lodger in the one of the room. I have decided to relocate to Bromley and will rent there. My lodger doesn't want to move out so is willing to pay a higher rent. Must I ask for consent to let from NRAM Ltd?
  • I wish to acquire a second property having recently bought a garden flat on domestic mortgage. Intend to purchase in a few months time. I am told that I may need consent to let from NRAM Ltd, my existing mortgage provider? What is the best way to go about this and obtain the consent needed.
  • We intend to let our existing property out early next year when we find a new house. This is to be done with consent to let from NRAM Ltd. At the present time the apartment is in my name but I am a top rate tax payer. Is it best to do a equity transfer to her or can we do a Declaration of Trust?
  • My OH and Iwant to let our home and purchase another. Can NRAM Ltd refuse to grant me consent to let?
  • The prevailing mortgage is with NRAM Ltd, but I will soon to need move out for approximately a year as we need to be nearer to my wife’s parents. Will NRAM Ltd issue consent to let?
  • We are interested in understanding the NRAM Ltd consent to let procedure and prerequisites for granting.
  • My partner and I have a mortgage with NRAM Ltd on our studio flat in Croydon. We are planning to buy a new house and move in there. How do I switch our existing mortgage on to consent to let?