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

  • Soon to be packing up as my partner and I plan to return to Perthin Month, possibly temporarily but potentially longer term. I have contacted RBS - Direct Line for consent to let out the property (we have already found tenants). I have been with RBS - Direct Line for Six years and I am up to date with payments. RBS - Direct Line say, that even if they give permission, that this will be limited consent for a period of twelve months. After the year is up what happens next?

  • I want a bit of preliminary guidance to see consent to let is a sensible option. I completed the purchase of my apartment 7 months ago by porting an existing RBS - Direct Line mortgage product. My fixed rate ran out 4 months ago. I'm currently deliberating moving in with a new partner who has his own property and mortgage also with RBS - Direct Line, which I would not seek to be added to. I don't want to sell my property yet because I'm unsure of whether the new move will work out. I don't want to change to a B2L mortgage yet for 2 reasons: 1) I need to discover if it is a marketable property with rents higher than my mortgage payments and 2) I need to raise extra capital to meet the 65% LTV ratio required for a buy to let loan. It would be preferable to receive consent to let from RBS - Direct Line for a couple of years in order to be more secure in becoming a possible landlord and to raise the capital. If at the end of the consent to let period I was unsure I would probably either sell my property or, depending on the new relationship working out, move back to it.
  • If a property owner chooses to rent out their property without consent to let from RBS - Direct Line - what, if any implication might there be for an agent acting for the landlord?
  • We are planning to lease out my property for a year from 10th July 2016. Is there conventional wording for a letter I can use to send to RBS - Direct Line to seek consent to let.
  • We are having to relocate to Australia for eighteen months for my job but I don't want to convert the mortgage to BTL as I want to move back into it when I return. Do you know if RBS - Direct Line charges additional interest? Is there any work around?
  • I have a mortgage with RBS - Direct Line at the moment and just enquiring about the procedure for getting a 'consent to let'
  • Just looking for some help. I already have a mortgage in place with RBS - Direct Line. I have been given licence to temporarily rent out my apartment from the managing agents and they asked if I have consent to from RBS - Direct Line.
  • I am looking at taking a job abroad and have been advised that I need to let RBS - Direct Line know so my mortgage is under consent to let? Please could you clarify the best way deal with this?