Need Help?

Need professional advice for your consent to let with NRAM Ltd? There are various implications when it comes to letting out your property with an existing residential mortgage - you should seek professional assistance.

NRAM Ltd Consent to Lease Example Support Desk Enquires

  • I was thinking of renting out my apartment and make money from it whilst on vacation. It only a short term option for four weeks. Will consent to let be needed from NRAM Ltd?

  • A friend of mine has let her property off the same landlady for almost 18 months. During the past year my friend has been receiving letters from NRAM Ltd (it is apparent from the envelope). To begin with she reposted them to the landlady's address. My suspicions were aroused as none of the landlord’s post was meant to be going there. So I went to my friends house and called NRAM Ltd on her behalf. The gentleman I spoke to at NRAM Ltd asked all sorts of questions, the landlord’s details, information relating to the tenant and then said they were going to look into whether she could legallylet out the property or if it was an offence without consent to let. Should my friend be worried?
  • I am 3 years up in a 5 years fixed term mortgage and have accepted a job abroad so wish to rent out my home for a couple of years. My equity is around 50%. Are you able to clarify whether NRAM Ltd will load the interest rate for consent to let for the period that the property is tenanted?
  • I have let out my one bed flat in Redbridge for the previous 14 months, and I didn't realise that I had to have consent to let. I would like rectify the situation. What are the legal repercussions of my actions?
  • I am looking at moving overseas for work and would like consent to let from NRAM Ltd whilst I am away. Is the way forward to complete the consent to let form and send it off in the post to NRAM Ltd? The point of renting the property isn't to make money but to retain the property in case things don't work out
  • I’ve already let but only just realised NRAM Ltd ought to have been notified and consent to let applied for - can this be obtained retrospectively?
  • If I am tied into a fixed rate with NRAM Ltd but am thinking of letting out my property, is there a cost for consent to let from NRAM Ltd and does the interest rate increase?
  • Can I get an interest only mortgage with consent to let when my current NRAM Ltd deal runs out April 13?