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

Recently asked questions relating to Royal Bank of Scotland -Natwest One consent to lease

  • I was thinking of renting out my flat and make money from it during my vacation. It’s only for a fortnight. Will consent to let be needed from Royal Bank of Scotland -Natwest One?

  • My house had been tenanted for three years between 2010-2013 while working in New York. I have a letter dated January 2010 from the lender granting consent to let. In the letter it explicitly states that the consent to let is valid for "the remaining term of the mortgage". I have not remortgaged since the letter was sent. 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 Royal Bank of Scotland -Natwest One for the property I wish to buy.Your view would be appreciated
  • I currently have a mortgage with Royal Bank of Scotland -Natwest One and the LTV is currently 60% with the Royal Bank of Scotland -Natwest One current book value and would like to acquire a further property but would like to keep my existing property at the current market value. I have consent to let from Northern Rock on a previous property so know a bit about them and I also have buy to let with Accord on another property. Does the expected rental income on a consent to let with Royal Bank of Scotland -Natwest One need to be over and above the mortgage repayments? I have a fixed rate which I tied into a fixed rate and left the term at 19 years so it was paid off as early as possible, obviously this leaves with quite a high monthly repayment.
  • My partner called Royal Bank of Scotland -Natwest One on Friday concerning consent to let. We are awaiting a returned call. We have put an offer in on a studio flat that has been accepted in principle so we need to know how likely it is that we will get consent to let with Royal Bank of Scotland -Natwest One?
  • I want to apply for consent to let from my mortgage provider Royal Bank of Scotland -Natwest One to let out my house. This is due to me relocating. Can you tell me if Royal Bank of Scotland -Natwest One grant consent to let in these circumstances?
  • In the event that I was successful in obtaining consent to let from Royal Bank of Scotland -Natwest One, could I sell during the consent period? Is it possible that I would incur any penalties?
  • I have fixed rate mortgage with Royal Bank of Scotland -Natwest One. I may have to rent out my house due to necessity. Were I to seek consent to let, will I have to pay significantly more interest?
  • Do you know if there is usually a required loan to value amount before Royal Bank of Scotland -Natwest One will give consent to let?