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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.

Recently asked questions relating to NRAM Ltd consent to lease

  • I am employed by letting specialists in loc and a potential tenant for the house has demanded a duplicate of the ‘consent to let’ from the owners lender NRAM Ltd. Why would they ask for this

  • What is the procedures for obtaining consent to let from NRAM Ltd? What documents do they ask for? is there a fee to pay? Is consent generally limited in time and if so, for how long? Do I need to renew it every year? What if I obtain a consent but decide not to rent the property out?
  • Resulting from a redundancy my wife and I are looking to move away from Haringey and our flat, potentially to a job in Amsterdam but that means we will want to let the property but don't want the cancellation fees of existing NRAM Ltd mortgage which will be high.Can NRAM Ltd refuse to grant us consent to let?
  • I have found myself in the accidental landlord scenario and without consent to let from NRAM Ltd. I had to leave my home for family reasons, so now rent in another part of the country. I originally tried to sell the flat, but prices were depressed, which meant I was in negative equity. This was a couple of years ago in 2012, which has since seen the property price increase and has allowed me time to accumulate savings. I am in now in a position where I can now switch to a BTL mortgage and would like to remortgage at the same time. My concern is, will changing mortgage providers possibly alert NRAM Ltd that I have been letting without consent to let? I am aware that I shouldn’t have done this, but circumstances left me with limited options. Have I committed a criminal offence?
  • My fiance and I are one year into a three year domestic mortgage with NRAM Ltd. Just curious if it's ok to let out the property on my existing home loan. Will NRAM Ltd give consent to let?
  • I am considering moving in with my fiance at his home and would like to rent out my property that I bought last summer, I'm just not sure of the process as my property is my first home. What do I need to do to gain consent to let from NRAM Ltd If I obtain consent would my mortgage payments increase?
  • Me and my fiance and I have four months to run on a two year residential mortgage with NRAM Ltd but now lease the house out. is it safe to assume they will just charge a flat fee for consent to let?
  • I am looking at taking a job abroad and have been advised that I need to let NRAM Ltd know so my mortgage is under consent to let? Please could you clarify the best way deal with this?