Need Help?

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.

Sample questions relating to Bradford & Bingley consent to let

  • I've got a current homeloan with Bradford & Bingley for almost twenty four months and the fixed rate is about to be renegotiated. We are contemplating taking equity from our existing place to allow us to buy a bigger home and then let out the current ground floor flat. The initial advice we received was that we should get a new domestic mortgage with a consent to let - can you clarify what is involved?
  • Under what situations will consent to let for a property be granted from Bradford & Bingley? How long do you have to have had the mortgage before consent to let can be granted by Bradford & Bingley? In order to give you some history I am a young doctor in an apartment purchased a matter of months ago. My dream job opportunity involving relocation to a different city on a permanent basis has come up. I would be interested in getting a consent to let in the first instance in order to put a tenant in it to cover the costs of the Bradford & Bingley mortgage.
  • I purchased a house three years ago in Sunderland when I worked locally. I got a promotion which necessitated working in London. I travel down on Sunday afternoon and live with a relative mid week. I decided onmoving home to avoid the commute. I am exploring the possibility of renting out my existing home. The mortgage is with Bradford & Bingley, would I have to move onto a new mortgage product or do I apply for consent to let?
  • I've been with Bradford & Bingley for just short of 2 years and have just re-fixed the mortgage rate. The LTV is approximately 30%. A situation has arisen whereby we need to move into my elderly mother-in-law's home to look after her, it would preferable to lease our house out - do I need to seek consent to let from Bradford & Bingley and is it likely to be expensive?
  • I wish to let out the attic in my flat in Southwark. Do I require consent to let from my mortgage co Bradford & Bingley?
  • What are the circumstances under which Bradford & Bingley would turn down a request for consent to let?
  • Do you know if there is usually a required loan to value amount before Bradford & Bingley will grant consent to let?
  • I'm mulling over a remortgage offer with Bradford & Bingley and it's likely I will need take advantage of any consent to let option if available during the fixed period. Are there any charges I should that may be applicable?