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Need professional advice for your consent to let with Birmingham Bank? 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 Birmingham Bank consent to lease

  • Do you know if it is possible to receive consent to let with non-commercial loan with Birmingham Bank? My wife and I are looking to move to Westminster to be nearer to our children’s college, but we are not yet sure whether the relocation will be for more than a year.
  • I previously got consent to let from Birmingham Bank in 2013 but never used it and have since remortgaged to a new lender. I recently sought for consent to let. I was told it would be authorised since their requirements were met. I have now received a letter advising me that I must supply a letter from the DWP confirming that that are aware of my current situation before they can issue consent. They said this is policy but I have not been able to find these conditions on their site. I did complain about the inference that I might intend to continue to claim help with interest from the DWP whilst receiving rental on the property. They apologised and offered to deposit £25 in my account . However i still am unable to locate this term and condition and i feel this is otherwise inappropriate I want to let my property as a way of releasing me from redress to social benefits not in order to discontinue claiming
  • Me and my fiance may be presented with an opportunity to work in a different office in the UK for a few months and would like to know if we can rent our current property. It is a two year fixed rate and we are six months into the mortgage with Birmingham Bank. We have lived at the property for nearly five years. Our LTV is 80%. Are we likely to get consent to let from Birmingham Bank? What charges can we expect to pay etc
  • As we are relocating and failing to find a buyer for our house, we are mulling over letting it out. Is it imperative to inform Birmingham Bank? 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 thoughts?
  • I am looking to Birmingham Bank to issue me with consent to let out my flat in Redbridge. I am moving to look after my elderly father who has severe complex heart failure
  • Due to work opportunities I will be relocating to Belfast and would like to rent the flat temporarily, please let me know what action I need to take in order to achieve consent to let from Birmingham Bank?
  • Evening? I am just curious whether Birmingham Bank offer consent to let as an option if I decided to lease out my property under a domestic mortgage. Is there a specific rule for right to buy property and consent to let?
  • I currently have my mortgage with Birmingham Bank and have been for the past eighteen months and I am interested in finding out some more information about the possibility of obtaining 'consent to let’.