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

  • I have had a mortgage for five years with Barclays. My other half has recently acquired a property in Hillingdon and he has asked me to live with him. Can I lease out my apartment with consent to let in case I need to move back? Also what legal documents must I provide Barclays with when completing the consent to let form?
  • I am aware of the capital gains tax ramifications of switching a Barclays mortgage to consent to let, but what about the ongoing rental earnings vs expenses? Say I have converted my former owned studio flat into CTL and vacated and pay rent elsewhere. Is it legitimate to expense the rent I am paying from the rental income?
  • Resulting from a redundancy my partner and I are looking to move away from Waltham Forest and our apartment, potentially to a job in Amsterdam but that means we will want to let the property but don't want the cancellation fees of existing Barclays mortgage which will be expensive.Can Barclays refuse to grant us consent to let?
  • As we are relocating and unable to sell our flat, we are mulling over renting it out. Am I duty bound to inform Barclays? If we do, I think they will want to change our mortgage to buy to let and load the rate which we can't afford. I was thinking that as long as I continued making my monthly payments it shouldn't be an issue, but am now worried about insurance consequences if we haven't come clean. Any advice?
  • My circumstances have changed, and I wish to lease my home out - meaning consent to let- I have about £140K loan with Barclays and currently 100k equity I need to side-step the redemption penalties.
  • A work promotions now necessitates that Ibe in different countries every month and as such I wanted to understand the process for getting consent to let with Barclays
  • I am trying to find out if it is possible to get a consent to let mortgage with Barclays rather than a buy to let mortgage
  • Do Barclays offer consent to let? I am just considering this as an option if I move house in the coming months