Need Help?

Need professional advice for your consent to let with The Royal Bank of Scotland plc First Active? 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 RBS- First Active consent to let

  • I have a residential mortgage coming up for renewal with RBS- First Active. I have had the property rented out for a couple of years and I think I need to notifyRBS- First Active. I understand that I must apply for consent to let, but since the property has previously been let out for a considerable time could they decline - force me to go onto a BTL product or even fine me? I have over 25% equity in the house - and the rent will more than cover the mortgage.

  • Finding myself between a rock and a hard place with a Consent to Let home loan. Reacting to my requisition for consent to let my lender has requested that I produce an executed tenancy agreement prior to issuing permission. Is is not the case that if I adhered to their request that I would be breaching the lender’s terms and conditions?

  • I have a standard mortgage with RBS- First Active and will be joining the Royal Fleet Auxiliary in January. This is a civilian manned fleet run by the Ministry of Defence. I will be at sea four months on and three months in the UK. During my time on assignment I want to let out my property in Bexley and live with my father when on shore. What's involved in getting consent to let? Can it be granted? and does it involve an increase in interest rates?
  • I have found myself in the accidental landlord category and failed to inform RBS- First Active. I had to vacate my apartment for work reasons, so now live in another part of the country. I originally attempted to sell the flat, but prices were deflated, which meant I was in negative equity. This was a couple of years ago in 2011, the value has increased and has given me time to accumulate savings. I am in now in a position where I could convert to a BTL mortgage and would like to remortgage at the same time. My concern is, will changing mortgage providers possibly alert RBS- First Active that I have been letting without consent to let? I appreciate that I shouldn’t have done what I did, but circumstances left me with limited options. Can I change to a BTL without RBS- First Active knowing what I’ve done?
  • Would a previous extension to a mortgage term with RBS- First Active be held against us once we applied to RBS- First Active for consent to let.
  • I recently bought a house with 10% deposit for personal uses. A mortgage was taken with RBS- First Active. But my circumstances have now changed. I am being transferred abroad. Am I able to obtain consent to let from RBS- First Active and put the property up to let?
  • Is there a set or maximum term how long I could let my home out to a family member with consent to let from RBS- First Active. I no longer want to live in the area and want to buy a new home?
  • I have a mortgage with RBS- First Active. I am thinking of moving out and letting out my property. Do I need a consent to let ?