Need Help?

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

Sample questions relating to RBS - Virgin One consent to let

  • If I was to rent out my studio flat with consent to let by RBS - Virgin One, what proof would be required of tenancy? If after twelve months I decided to let it on a number of holiday term lets, am I still required to provide evidence to RBS - Virgin One, or will they be content provided i keep up with the payments? By way of example if I let the rooms separately at some point in the future, is there any reason for RBS - Virgin One to know and would they take issue?
  • Nine months ago my lender (not RBS - Virgin One) granted me with consent to let. This was subject to a provision that every half year they would add a fee of 0.5% of the outstanding mortgage amount. Having the first few payments they have omitted to make the charge in recent months. Should I be worried that this means that my consent to let has been revoked.
  • We currently have a 5 year fixed term mortgage with RBS - Virgin One that we're about a year into. Our circumstances have now changed and we would like to let out our house for a while and move to another town. How do we minimise the possibility of RBS - Virgin One refusing to grant consent to let.
  • Me and my husband own a property in Manchester and will be moving to Bristol at the end of March. I have a letting agency and tenant now. I was planning to leave everything as it stands as I'm afraid RBS - Virgin One will say I have to change my mortgage rate over to a buy to let which is not financially feasible. I appreciate that it would be preferable to gain a consent to let via RBS - Virgin One but am afraid if I show my hand it would lead to a whole host of issues
  • I am considering letting out my house with consent to let from RBS - Virgin One, what fees are likely to be incurred?
  • I have a residential mortgage with RBS - Virgin One - 28% equity or thereabouts. I am considering relocating for another job and was wondering if RBS - Virgin One are flexible in changing the mortgage to allow for consent to let?
  • I am thinking about moving in with my girlfriend but would rather not to sell my place. What is the process for applying for consent to let from RBS - Virgin One, and how likely is it that this will be obtained?
  • Just wanted to know what needs to be provided to RBS - Virgin One in order to get consent to let? I just finished a three year fixed mortgage and possibly moving to another property with my husband.