Need Help?

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

Questions and Answers: NRAM Ltd consent to let

  • Do I need consent to let from NRAM Ltd or can I rent out my garden flat without telling NRAM Ltd and having to switch to a B2L mortgage?

  • I have a regular mortgage over my residence in loc with the intention of moving abroad to country for three years. During this time I want to let out my apartment. My lender is withholding consent to let. I am not inclined to transfer to a buy to let mortgage as it’s only a short term option that I am abroad for.

  • I have a residential loan with NRAM Ltd. I wanted to buy a further property and my financial adviser suggested I apply for a consent to let. I was under the impression that they would only accept the consent to let where it is my intention to reoccupy my current property. Is this correct?
  • I would like to buy a second house having recently purchased a garden flat on normal mortgage. Looking to purchase in a few months time. I have been advised that I may need consent to let from NRAM Ltd, my existing mortgage provider? What is the best way to go about this and obtain the permission needed.
  • We are interested in understanding the NRAM Ltd consent to let procedure and conditions for granting.
  • We are looking to place my house on rent due to work commitments and was curious if this is possible to get consent to let. It is on a fixed rate mortgage with NRAM Ltd at the moment until 2017 October
  • I took a residential mortgage with NRAM Ltd, and I would like to rent the flat out, until I decide whether to sell or keep it as an investment. As things stand I am on the fixed rate. Will I need to move onto a new mortgage? I.E. BTL?
  • I was just enquiring how to get consent to let from NRAM Ltd...do I call them or apply formally in writing to them?