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Need professional advice for your consent to let with National Westminster Bank plc? 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 National Westminster Bank consent to lease

  • At present I have a homeowner mortgage with National Westminster Bank. I have been offered a property as part of my job and would like to rent out my current house. The financial advisor has informed me it is a formality. Are you able to provide me with some information please?
  • The plan is to move in with my partner and I have let my property out to two students on a twelve month AST. I am now applying for consent to let from National Westminster Bank but what if they refuse. I can’t renege on my contract in terms of not renting the students as they have all signed up. On the flip-side National Westminster Bank could sue me for breach of contract i.e. renting it out without consent to let.
  • Is it the case that the estate agents we rented through owe us a duty of care to have ensured that the landlord got consent to let from National Westminster Bank?
  • We have an offer accepted to purchase a house, we have a deposit of between 20-25% for a homeowner mortgage with National Westminster Bank. The small issue is we are due to go overseas in three months for work. We are going through our mortgage broker. She says if you tell this to the lender in advance you will need to get a buy to let. Do go ahead with residential mortgage with National Westminster Bank, in a couple of months seek consent to let? Otherwise, do we try and contact National Westminster Bank at this point and reveal there is a chance we will move abroad in the future (I have not signed anything as yet to move abroad) and see if they agree in advance that it should not be a problem
  • Our National Westminster Bank mortgage is coming up for renewal. We would like to apply for a new fixed rate mortgage and then apply for a consent-to-let. Is this possible? We don't use the house much now that our kids have grown up, and would be better used as a rental.
  • Is consent to let required from National Westminster Bank if I am planning to reside in the house myself for half of the year? Furthermore if I gain consent to let for a limited time, say up to two years, what happens after that.
  • I have fixed rate mortgage with National Westminster Bank. I am going have to let out my house due to necessity. If I seek consent to let, will I have to pay significantly more interest?
  • Me and my husband have a granny flat attached to our home. Do we need consent to let this from National Westminster Bank? If so, what is the process if I need to transfer the mortgage to consent to let?