Need Help?

Need professional advice for your consent to let with Kent Reliance (a trading name of OneSavings Bank plc)? There are various implications when it comes to letting out your property with an existing residential mortgage - you should seek professional assistance.

Kent Reliance consent to let: Q and A’s

  • I have a mortgage with Kent Reliance on a flat and I wish to let it out and rent another property as a result of changes in personal circumstances - I want to move to a different area, and to live in a bigger property with my partner. I sought consent to let and yesterday got a response refusing as they felt I want to invest. I as at a loss as to what my options are. I find myself at risk since I am already committed to the new house and would have to pay both Kent Reliance and rent, which could put me in financial risk. The matter is urgent as a prospective tenant waiting on the sidelines
  • Because of my career, I am confident that Kent Reliance will issue me with Consent to Let from day one of buying a property. I currently plan to buy a property locally and rent it out, I will remain in the house that is provided (rent payable) by my employer. As I will be letting out the property I will clearly have to complete a Self Assessment Tax Return, but I just want to check that although it is my only property (and it is not on a buy to let mortgage), will I still be able to claim Tax relief for the interest on my loan and the associated costs of renting out the property. I can only find information for those with a buy-to-let mortgage, but mine will technically be residential.
  • My lawyers have served eviction orders on a tenant who is in arear of rent. A Section 21 and section 8 have been served. The tenant's defense for refusal to pay is based on the assertion that I I failed to obtain consent to let my one bed flat from my mortgage company Kent Reliance
  • I have a question concerning consent to let. The property has a mortgage against it with Kent Reliance (with quite a bit of equity). We are planning to move out of Cambridge and if at all possible wish to lease out our house with consent to let from Kent Reliance and use the income from that to help get approval for a 2nd mortgage for a house to live in. What is the best way to fund a second mortgage without selling my old property and using the equity as a deposit for the new property. Is there anyway I can change my old mortgage to a buy to let mortgages or obtain consent to let and take on a second mortgage without having a deposit to put down.
  • This is not a question specific to Kent Reliance but do lenders usually supply the information I need for my Buy to Let or Consent to Let self-assessment tax submissions?
  • How much of my loan allowance will be made available to draw down on if I switch my mortgage to a consent to let with Kent Reliance?
  • I are considering applying to Kent Reliance to obtain consent to let our home, how long does it take between submitting the application to us finding a letting agent and listing our house for rent? and are there any additional steps we will need to take?
  • I am hoping to fix my homeowner mortgage with Kent Reliance but due to work related issues I will probably have to go abroad for few years. Will Kent Reliance allow and grant consent to let and there be any penalty