Need Help?

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

Examples of recent questions relating to Barclays consent to let

  • Will Barclays choose to operate a right to put a loading on my interest rate on a residential mortgage where Consent to Let at any time, onto ‘rates in line with their BTL loans'?

  • I have a garden flat in Merton let out which has a 62 year lease. Mortgage broker said I should refinance (currently with Barclays) as a buy to let rather than consent to let and release 55-60k which on top of a new homeloan based on my income would give me a budget of £200k. Limited available in Tower Hamlets for me to get my own place. A lease extension will cost 21k. Not sure sure whether to hold on or sell the flat?
  • We recently sorted our rates for another fixed five years with Barclays. Some weeks later, I went to an interview and basically I accepted the job offer in Newham. I'm going to rent a small flat for the family in Waltham Forest as we don't want to sell the house whist there is a chance that we come back within a couple of years.... We really have no idea whether it will go. We have contacted Barclays but we would appreciate your point of view please. How is it to receive consent to let in that case as we just got a fixed 5 years rate we would not want to swap this.
  • I would like to be informed of what the policy is for Barclays for consent to let. I have heard different suggestions in relation to charges and rates. I need to relocate for work but I don't want to sell the house due to a difficult market.
  • My wife and I are having to relocate to Australia for eighteen months for my job but I don't want to convert the mortgage to BTL as I want to move back into it when I return. Do you know if Barclays charges additional interest? Is there any work around?
  • I have a mortgage with Barclays and am considering letting it for two months while on holiday. Will Barclays consent to this?
  • Would I be able to remortgage to Barclays from my existing lender, with a consent to let or do I need a let to buy mortgage, and if so what are the LTV's?
  • My OH and I would like to lease out my flat to be closer to my son’s college and look after of my father. Do I need consent to let from my lender Barclays?