Need Help?

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

Top Five Questions relating to RBS (One Account) consent to lease

  • I am employed by letting specialists in loc and have been ask but a prospective tenant of a property for a copy of the ‘consent to let’ from the owners lender RBS (One Account). Why would they ask for this

  • I am a FTB looking to purchase a terraced house in RBS (One Account). I have a significant deposit and expect a mortgage from RBS (One Account). My predicament is that my girlfriend owns a apartment in Slough and I anticipate moving in next year, at which point I would want to let out my property. I have heard of consent to let but it does not sound like a guaranteed option. Is there any advice you can impart?

  • We intend to let our current apartment out shortly after we move. I will apply for consent to let from RBS (One Account). The apartment is currently in my name but I am a higher rate tax payer. Is it best to do a equity transfer to her or should we do a Declaration of Trust?
  • Is it possible that mortgage companies (my home loan is with RBS (One Account)) have changed tune and are now adopting a more relaxed approach towards consent to let? A mortgage adviser suggested that BTL mortgages are not regulated by the FCA whereas residential mortgages are. So if I transfer from a standard to a BTL I am moving to a regulated product. His belief was that under the current regulation lenders are wary of letting borrowers do this, which may explain why some banks will let borrowers obtain consent to let but not transfer to a BTL mortgage. Is this an accurate assessment?
  • I have to send the consent to let form by courier and need to know if RBS (One Account) have a regular postal address I can use as couriers usually don’t accept deliveries to PO Box addresses.
  • Just wondering if if consent to let would be forthcoming from RBS (One Account) in order to move back to my mum and dad for a year or two and save the cash on the lease extension for my flat?
  • My wife and I want to move home and have identified a house we wish to purchase so are considering letting out with consent to let from RBS (One Account) for our original property to allow us to make an offer and not lose the potential new house.
  • I am looking for some generic information on consent to let. I already have a mortgage in place with RBS (One Account). I have had licence to sublet my GFF from the freeholder of the block and they asked for a copy of the consent to from RBS (One Account).