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.

Common questions relating to RBS - Direct Line consent to lease

  • Last month I received consent to let on a domestic mortgage with RBS - Direct Line with aim of changing to a B2L rate when the fixed term ends in a few months' time, so I'm unclear if this adds to the complexity of the issue! Any guidance much appreciated.
  • My OH have a fixed rate mortgage with RBS - Direct Line for two years and have been living in the property for about six months. Due relationship issues I need to move so I would like to let the property out. What is the best way to go about getting consent to let from RBS - Direct Line?
  • We are currently in Hong Kong and leasing out our flat in Hounslow. This was unplanned but an opportunity arose and we took it. The rent received on the apartment is insufficient to cover the mortgage so we transfer money each month to cover the shortfall. Yesterday our lender got in touch informing me that because the property is being let out and has been for nearly two years we will have to pay 1.5% interest in addition to our current mortgage rate. We could sell up but this will be difficult as I am so far away. Could we remortgage with RBS - Direct Line and get consent to let?
  • We are intent on purchasing a house, letting a couple of the bedrooms out to help cover the mortgage with RBS - Direct Line, and then moving on in two or three years - when the property would be entirely let. Is it likely that RBS - Direct Line would look at this unfavourably as I will have been granted a standard homeloan as opposed to a B2L or consent to let? I've read that in extreme situations they can sue for mortgage fraud, is this an exaggeration?
  • I have recently got married and I am in the process of buying out 100% of my co-ownership mortgage with my wife. As a result we have now been given a 90% loan to value on our house. We want to buy a larger place. Will it be possible to get a consent to let on my new mortgage with RBS - Direct Line to allow us to get a mortgage also with RBS - Direct Line for a new home?
  • My wife and I wish to move home and have identified a property we wish to purchase so are considering renting out with consent to let from RBS - Direct Line for our original property to allow us to place an offer and not lose the potential new property.
  • In the event that I was successful in obtaining consent to let from RBS - Direct Line, could I sell during the consent period? Is it possible that I would incur any penalties?
  • Six weeks ago I bought my flat and took out a mortgage with RBS - Direct Line but my boyfriend has asked me to move in with him. Would I be allowed consent to let?