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Need professional advice for your consent to let with The Royal Bank of Scotland plc Direct Line Mortgages? There are various implications when it comes to letting out your property with an existing residential mortgage - you should seek professional assistance.

Questions and Answers: RBS - Direct Line consent to let

  • I have a mortgage with RBS - Direct Line on a flat and I wish to find a tenant for it out and rent an alternative house as a result of changes in personal circumstances - I want to move to a different area, and to live in a larger property with my fiance. I sought consent to let and just got reply with a refusal as they considered that I want to invest. I as at a loss as to what my options are. The process has put me at risk since I am already committed to the new house and am faced with paying both the RBS - Direct Line mortgage and rent payments, which could expose me financially. The matter needs to be addressed soon as a potential tenant at the ready
  • Please explain "consent to let" to me? I live in a studio apartment and its in good condition. It has been on with agents for two months and I have had very few viewings. This is because my neighbour is noisey. I was obliged to put this on the disclosure form. Mortgage is with RBS - Direct Line on a standard variable rate. It has been suggested to me that I should obtain consent to let by RBS - Direct Line and rent the flat to tenants.
  • Much to my surprise I have been offered an excellent job opportunity for 9 months in New York. I do have sufficient savings to pay the monthly RBS - Direct Line mortgage however the buildings insurance requires continuous residency in order to be valid. Last winter the roof was damaged but repaired. Should there be any problems in the winter months I would find it hard to afford repair costs. Would I be eligible for consent to let from RBS - Direct Line for the period I am abroad?
  • Twenty years ago I was given consent by the local council and my lender RBS - Direct Line to convert a small barn into a granny annex, conditional on it not being sold separately from my property. My parents died some years ago and I would now like to let it out with consent to let from RBS - Direct Line. Do you think this will be possible?
  • We are interested in discovering more about the RBS - Direct Line consent to let process and conditions for granting.
  • We have tenants ready to move in and I have mortgage offer from RBS - Direct Line on new house on condition of consent to let for original house. How long should it take to receive letter once I send back a completed application with cheque.
  • Does my LTV need to be at a certain ratio to allow me to apply for a consent to let from my mortgage provider RBS - Direct Line. Does it make a difference that I only drew down on the mortgage two months ago?
  • Are you able to confirm what the procedure would be if we purchased a second house and need to apply for consent to let for our existing mortgage with RBS - Direct Line