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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.

Common questions relating to National Westminster Bank consent to lease

  • I have a house in Redbridge but I am moving with my girlfriend to a different city for work purposes and moreover close to her university. My preference is to retain the property but it is unlikely that I can afford a buy to let mortgage. It will only be temporary -two years until my girlfriend completes her degree and I can sell, or move elsewhere. My mortgage is with National Westminster Bank. Do you think they will grant consent to let?
  • I vacated my apartment about seven months ago but didn't get around to get a consent to let letter, primarily because the mortgage fix rate period is ending next month and I am considering a remortgage in any event. I want to ask for the letter now, is that going to be problematic?
  • My husband and I currently live in Hong Kong and renting out our apartment in the UK. This was unplanned but an opportunity came up and we took it. The rental income is insufficient to cover the mortgage so we transfer funds each month to cover the difference. Earlier today I got a letter in the post from our lender informing me that because the property is being let out and has been for almost two years we will have to pay 1.5% interest on top of our current mortgage rate. We could sell the apartment but this will be difficult as I am so far away. Could we remortgage with National Westminster Bank and get consent to let?
  • Last Summer I moved out my property in a rush and rented out the property. I am aware I should have gained consent to let via National Westminster Bank but was unsure what my plans were and it slipped my mind to get consent. I'm now in the position where I need to sell that property and transfer the National Westminster Bank mortgage to a new property. I can't see a path to do this without finding myself at the mercy of National Westminster Bank for not seeking consent to let. When porting, at the time of selling, you must declare your intention to "port the rate" and go through fresh set of affordability checks. Although I do not foresee difficulties with my financial standing, the credit check will disclose that I no longer living at the property.
  • I will have to move to NYC for two years, I have a house with a National Westminster Bank mortgage. Do I need to seek consent to let? Will they be accommodating?
  • What information should I include in a letter applying for consent to let my house in Hillingdon? I would like to send a request to my mortgage provider National Westminster Bank.
  • Last month bought my home and took out a mortgage with National Westminster Bank but my boyfriend has asked me to move in with him. Would I be granted consent to let?
  • Are you aware if there is normally a maximum LTV before National Westminster Bank will give consent to let?