Need Help?

Need professional advice for your consent to let with Britannia? 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 Britannia consent to lease

  • I am in a difficult predicament with a Consent to Let mortgage. Having sought consent to let the bank has asked me to provide them with a signed tenancy agreement prior to issuing permission. If I get a signed tenancy agreement would I not be breaching the terms of my existing mortgage?

  • My wife and I have a homeowner mortgage with Britannia. I have been offered a house as part of my job and want to lease out my existing house. My financial broker seems confident that it is a formality. Are you able to provide me with some information please?
  • Me and my wife bought a house in Newcastle and will be relocating to Kent at the beginning of March. I have a letting agency and tenant lined up. I was planning to leave everything as it stands as I'm afraid Britannia will say I have to change my mortgage rate over to a buy to let and am unable to afford that. I appreciate that it would be preferable to obtain a consent to let via Britannia but am afraid if I come clean it would lead to a whole host of issues
  • I am in the Royal Air Force and intending to purchase a property with a Britannia mortgage. I would like to obtain consent to let this property to my mother and father in law. In the future I plan to reside in the property with my wife and kids when my military career comes to an end. Will I need to apply to my superior officer to request permission to rent it out?
  • Is there a maximum period that Britannia is willing to grant me the Consent To Let for?
  • If I am tied into a fixed rate with Britannia but am considering letting out my property, is there a charge for consent to let from Britannia and does the interest rate change?
  • Please can you set out the process for securing consent to let from Britannia? Is there certain policies for instance you must live in the property for a year before its given?
  • My wife and I spoken to someone at Britannia about switching our existing mortgage to consent to let (the existing 2 year fix expires in spring next year). Can I just confirm that I need to send a letter explaining our change in circumstance to Britannia? Where do I need to send the letter to?