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.

Examples of recent questions relating to RBS - Direct Line consent to let

  • I spoke to a mortgage broker friend last week. She said that if I decide to move abroad with my job for a period then I should not apply for consent to let from my mortgage provider (RBS - Direct Line) until at least 2 weeks before I plan to let the house. Am I to understand that I have to find a tenant first and then obtain a consent to let?
  • I have just come off the phone to RBS - Direct Line who have advised me that they are now aware that I am renting the one bedroom second floor purpose built maisonette even though it is on a resi mortgage. I had to move three years ago for childcare reasons, was unable to sell and so had little option but to rent out my property. Are you able to advise me on the consequences might be for me not seeking consent to let?
  • I want to let my existing house and want to purchase a bigger house for the family. I have a fixed rate mortgage with RBS - Direct Line. Provided I get the consent to let as I understand banks are more than likely to push me towards getting BTL mortgage when the fixed term is finished. Could I remortgage after two years with another lender? What connotations does that have apart from the higher rates - would I need a higher equity ratio in the property too ie lower loan to value?
  • What is the maximum period of time allowable to RBS - Direct Line that I would be able to let my property before having to transfer the mortgage or sell my property? In essence, my boyfriend would like me to move in with him and I really want to hold onto my house. I would like the comfort of knowing I still own my own home.
  • I am looking to RBS - Direct Line to grant consent to let out my studio flat in Harrow. I am moving to India for 6 months for work.
  • My circumstances have changed, and I would like to lease my place out - meaning consent to let- I have about £140K loan with RBS - Direct Line and currently 90k equity I need to side-step the early repayment fees.
  • I want to apply for consent to let from my mortgage provider RBS - Direct Line to rent out my property. This is due to me relocating. Do RBS - Direct Line allow consent to let in this situation?
  • I would like some guidance on how best to approach my mortgage lender RBS - Direct Line regarding a 'Consent-to-Let' application. Is this a task you can offer guidance on ?