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

Royal Bank of Scotland consent to let: Q and A’s

  • I'm looking to remortgage our old ground floor flat, currently let out under consent to let from Royal Bank of Scotland, onto a BTL rate as we will not be moving back into it now since we have our family home. So, I'm assuming I need a specialist broker for this and I am not really conversant with what my options are. Are you able to recommend an efficient broker service specialising in BTL?
  • I own a house that's presently under shared ownership (My share is 50%) and I bought it in July 2013. I am currently going through the full purchase of the house. Me and my wife also have in mind a second house that we are looking to buy. Mortgage in principle has been issued by Royal Bank of Scotland. I want to know that I will be able to put the current house through consent to let as soon as the remainder share has been purchased so, that we can start the process of purchasing the new property
  • Your view would be appreciated as to whether consent to let from Royal Bank of Scotland is the best option. I purchased my house last January by porting a Royal Bank of Scotland mortgage product. My fixed rate came to an end 4 months ago I'm currently considering moving in with a new partner. I don't want to sell my house yet as I'm unsure of whether the new move will work out. Would it be likely that Royal Bank of Scotland would grant a consent to let based on me letting out my property on a short hold tenancy for 1-2 years and then I will commit to a B2L product or sell it?
  • Resulting from a change in family circumstances my wife and I are housesitting my mum and dad’s house while they are away and letting our flat out. What is best way to approach my mortgage lender for a 'Consent-to-Let' ? We will need to refinance in the next year will we then transfer to a BTL mortgage. We will definitely return to our property at within the next twelve months?
  • My personal situation has changed, and I would like to lease my home out - meaning consent to let- I have approx £200K loan with Royal Bank of Scotland and currently 90k equity I need to side-step the redemption penalties.
  • Can I remortgage to Royal Bank of Scotland from my existing lender, with a consent to let or do I need a let to buy homeloan, and if so what are the LTV's?
  • What is the process for obtaining consent to let from Royal Bank of Scotland? Is there specific requirements for instance you must live in the property for over 6 or 12 months before its issued?
  • Does my loan to value need to be at a certain level to allow me to apply for a consent to let from my mortgage provider Royal Bank of Scotland. Will any consideration be given to the fact that I only drew down on the mortgage four months ago?