Consent-to-let Help for NRAM

Examples of recent questions relating to NRAM Ltd consent to let

• Bottom line - if worst comes to the worst what action NRAM Ltd can take if I have Sublet my flat in the event that consent to let is not forthcoming?

• I have a current mortgage contract with NRAM Ltd and need clarify if it would be possible to receive consent to let out our one bedroom apartment in Westminster.

  The rationale for needing to find tenants for the property are are due to: -

  • My family and I will be migrating to Hong Kong next spring.
  • In letting out the house this will enable us to make some savings to support the migration process.
  • It would be pointless from a fiscal point of view to discharge the mortgage for a property which we are not residing in and by letting out the property this would be considered as an ongoing investment.

  If NRAM Ltd granted permission to us for renting we would suggest some financial commitments to include: -

  • Continue to pay the monthly mortgage payment directly from my bank account.
  • Use an approved letting agent who will provide a rent guarantee scheme as a further financial protection.
  • Supply our forwarding address for when we move.
• I have an annex that my mother is planning to move out from. As my property is large I was thinking to move into the annex and rent the remainder out. This is also due to change in my personal situation. Would I need a consent to let from NRAM Ltd?
• I am in the armed forces and intending to buy a house using a NRAM Ltd mortgage. I would like to obtain consent to let this house to my sister. In the future I would reside in the property myself when I leave the armed forces. Is this feasible?
• I am just finding out some information at this stage. My boyfriend has asked me to move in with him and I have been trying to sell the flat but have had no luck whatsoever despite several decreases in price. So now I want to know what I would need to do to get consent to let from NRAM Ltd
• Can I get an interest only mortgage with consent to let when my current NRAM Ltd deal runs out September 26?
• I hope you can help What do I need to do to obtain consent to let from NRAM Ltd? And what are the charges?
• What are the implication if I have already rented out the property for some years as an HMO and now wish to legalise the situation with NRAM Ltd by obtaining consent to let ? (work on the basis that NRAM Ltd had in the past issued a homeowner mortgage on it some time ago)