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.

Sample questions relating to Barclays consent to let

  • As things stand we have a 5 year fixed rate mortgage with Barclays that we're about one year into. Our circumstances have now changed and we would like to let out our property for a while and move to another town. How do we minimise the possibility of Barclays refusing to grant consent to let.
  • I'm looking to apply to Barclays for consent to let on my current residential property in Barnet. I am looking to draw down equity from my existing home before doing so, and using that money to purchase a second residential property. I will stay in that house whilst doing it up for nine months at which point the intention is to sell it then move back to my current property. Is this something Barclays will consider consent to let for or is that out of their criteria?
  • I need to decide what to do ie let or sell. The property has a mortgage against it with Barclays (with fair amount of equity). I want to purchase and live in a second house but keep my old house and rent it out. What is the best way to fund a second mortgage without selling my old property and using the equity as a deposit for the new property. Is there anyway I can change my old mortgage to a buy to let mortgages or obtain consent to let and take on a second mortgage without having a deposit to put down.
  • I am hoping to use equity in my present house to purchase another property which I intend to live in whilst I do it up. I would like to rent my first property with the Barclays homeloan. I was just seeking a general view on whether Barclays currently allows consent to let? House is valued at £300 k with a £200k home loan in place.
  • I am looking to Barclays to issue me with consent to let out my flat in Bromley. I am moving to Dubai for Six months on a secondment.
  • I would like to know whether Barclays would have an internal record as to whether consent to let was granted for a specific property?
  • I have had my home loan with Barclays for ten years with no arrear If I asked for consent to let would it be granted?
  • I have a homeowner mortgage with Barclays which is only 6 weeks long but I have been relocated with my job. How easy is it to get consent to let from Barclays for a mortgage that has only just commenced and I have just purchased the property?