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Need professional advice for your consent to let with Bradford & Bingley Limited? 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 Bradford & Bingley consent to lease

  • If I were to rent out my garden flat with consent to let by Bradford & Bingley, what evidence would be required of tenancy? If after twelve months I decided to let it on a series of holiday term rental, am I still required to supply proof to Bradford & Bingley, or will they leave me alone as long as i keep up with the payments? E.G. if I let the rooms individually at some point in the future, is there any reason for Bradford & Bingley to know and would they take issue?
  • Me and my OH are currently eighteen months into a year fixed rate mortgage with Bradford & Bingley. Ideally we would like to buy a larger 2nd property in the next year however would like to keep the first property and I was wondering what reason we could put down on the consent to let application to get their approval
  • Much to my surprise I have been offered a once in a lifetime career opportunity for 9 months overseas. I have enough savings to pay the monthly Bradford & Bingley mortgage yet the buildings insurance stipulates continuous residency in order not to be invalidated. Last winter the roof suffered storm damage but was repaired. Should there be any problems during the winter months I would find it hard to afford repair costs. How likely is it that I will get consent to let by Bradford & Bingley for the time I am overseas?
  • I have been renting out my flat to students for a few years but not on a BTL mortgage as I thought that you only required a BTL if you had more than one property. In trying to acquire a second property, I discovered that I should have obtained consent to let all along from my lender Bradford & Bingley. I'm enquiring whether I can now seek consent to let from Bradford & Bingley?
  • We have tenants ready to move in and I have mortgage offer from Bradford & Bingley on new house on condition of consent to let for original house. How long should it take to receive letter once I send back a completed application with cheque.
  • I am already letting out my property but may have sussed what has been going on. I have four months left on my fixed rate. How easy is it to get consent to let from Bradford & Bingley. Is it just a five minute phone call, pay the charge and that's it?
  • I am trying to find out if Bradford & Bingley will grant consent to let in a situation where we need to move closer to relatives in a different house albeit that we may move back the future if circumstances change.
  • What happens if a borrower has already let the property for a number of years as an HMO and now wish to go legit with Bradford & Bingley by obtaining consent to let ? (assume Bradford & Bingley had already granted a standard mortgage in the past)