Need Help?

Need professional advice for your consent to let with Bradford & Bingley plc? There are various implications when it comes to letting out your property with an existing residential mortgage - you should seek professional assistance.

Examples of recent questions relating to Bradford & Bingley consent to let

  • Bottom line - if worst comes to the worst what action Bradford & Bingley can take if I have rented my property if consent to let is not first obtained?

  • My partner and I have a residential mortgage with Bradford & Bingley. This has been in place since 2009. We are intending on leasing out our house and renting in a village close to our son's school until we find the right home to buy. Do Bradford & Bingley normally grant consent to let and if so, what are the financial consequences?
  • We are FTBs, currently renting. We would ideally like to purchase a maisonette in Islington. We want to move there, but will need to wait for a job - perhaps a couple of years. Do we have to seek a buy-to-let loan? Would it be possible to take a domestic mortgage with Bradford & Bingley, because we intend to move there soon? Or could we live there for a short period of time , then start renting it with consent to let from Bradford & Bingley? I'm only willing to consider scenarios that are completely legal, and wouldn't breach the provisions of the mortgage with Bradford & Bingley.
  • My husband and I currently live in NYC and letting out our flat in the UK. This was unplanned but an opportunity presented itself and we took it. The rent received on the apartment is insufficient to cover the mortgage so we transfer funds each month to cover the difference. Yesterday I got a letter in the mail from our lender telling me that as the property is being let out and has been for almost four years we will have to pay 1.5% interest on top of our current mortgage rate. One option would be to sell up but this will be difficult as I am on the other side of the world. Could we remortgage with Bradford & Bingley and get consent to let?
  • I’ve already been told to write a letter to Bradford & Bingley to obtain consent to let, I'm just trying to find some guidelines on the letter? What I should or shouldn't include?
  • Is it possible that Bradford & Bingley would have archive records as to whether consent to let was granted for a specific property?
  • My daughter has a mortgage with Bradford & Bingley and she wants to lease her apartment out as she moving in with her boyfriend.Will she be granted consent to let? What is the process and fees involved?
  • Please could you clarify what the process would be if we purchased a second house and need to obtain consent to let for our existing mortgage with Bradford & Bingley