Need Help?

Need professional advice for your consent to let with The Royal Bank of Scotland plc Direct Line Mortgages? There are various implications when it comes to letting out your property with an existing residential mortgage - you should seek professional assistance.

RBS - Direct Line consent to let: Q and A’s

  • I own a one bedroom apartment but I am hardly there, considering the option of renting it out. My mortgage is with RBS - Direct Line, would I have to switch my mortgage rate or ought I try to get consent to let?
  • As a result my job, I am confident that RBS - Direct Line will issue me with Consent to Let from the outset of owning a property. I currently intend to purchase a property in Harrow and rent it out, I will remain in the house that is provided (rent payable) by my employer. As I will be leasing out the property I will clearly have to complete a Self Assessment Tax Return, but I just want to check that although it is my only property (and it is not on a buy to let mortgage), will I still be able to utilize Tax relief on the interest on the mortgage and the expenses of leasing out the property. I can only find advice for those with a buy-to-let mortgage, but mine will technically not be B2L.
  • My fixed rate mortgage with RBS - Direct Line expires early next year and I wish to fix for another three years with RBS - Direct Line, with any luck rates will remain low. In two years time I may want to move for a couple of years to a different county. How simple is it to get consent to let by RBS - Direct Line in these circumstances? Assuming that monthly rent payments would be about £300 above the RBS - Direct Line mortgage payments.
  • I am a landlord having served eviction orders on a tenant who had not paid rent. The relevant proceedings have been served. The tenant's defense for refusal to pay is based on the claim that I do not have consent to let my garden flat from my provider RBS - Direct Line
  • We are planning to relocate to the US for eighteen months for my job but I don't want to change the mortgage to BTL as the intention is to move back into it when I return. Do you know if RBS - Direct Line charges additional interest? Is there any work around?
  • My OH and I wish to lease out my house. Do I simply need to send a letter to RBS - Direct Line asking for consent to let out the house?
  • I have a question I'd like to ask...if consent to let is granted by RBS - Direct Line would it usually stipulate a time limit, such as 6 or 12 months?
  • I got a standard mortgage with RBS - Direct Line. I bought the property in September this year. What are the options and criteria for consent to let.