Need Help?

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

Frequently asked questions relating to Royal Bank of Scotland -Natwest One consent to lease

  • I want to see if I can get consent to let on my existing home. I have a mortgage with Royal Bank of Scotland -Natwest One but my situation has changed. I'm looking to move in with my partner and daughter who have a house and is larger than my studio home. I am sure that I will not qualify for a buy to let mortgage as I don't have the funds for a deposit nor do I earn more than £25000 a year.
  • Me and my partner may be given an opportunity to work in a different office in the UK for a couple of months and would like to know if we can rent our current apartment. It is a two year fixed rate and we are four months into the mortgage with Royal Bank of Scotland -Natwest One. We have lived at the property for over 3.5 years. Our LTV is 70%. What are the chances of obtaining consent to let from Royal Bank of Scotland -Natwest One? What charges can we expect to pay etc
  • We have an existing mortgage with Royal Bank of Scotland -Natwest One and need clarify if it would be possible to seek consent to let out our garden flat in Bexley.

    The purpose for wanting 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 facilitate savings to support the migration process.
    • It would be pointless from a financial perspective to discharge the mortgage for a property which we are not living and by renting out the home this would be considered as continuing investment.

    If Royal Bank of Scotland -Natwest One agreed that we are able to proceed with renting we would propose some financial commitments which are as follows: -

    • Maintain paying the monthly mortgage payment directly from my current account.
    • Use an accredited letting agent who will provide a rent guarantee scheme as a further financial safeguard.
    • Provide our forwarding address for when we move.
  • I have an existing mortgage with Royal Bank of Scotland -Natwest One. Can you point me to where I can download the consent to let application forms from, as we are already letting the flat?
  • I'm possibly going to Aus for a year with work. Planning on taking my partner with me and hoping to rent our Waltham Forest property in the meantime on a temp basis to make matters more cost effective. I was just enquiring I have filled in my application form but I'm unsure where to send it
  • How likely is it that I can retain my current domestic mortgage with Royal Bank of Scotland -Natwest One if I start renting out? If the consent to let is issued will they tie me into an increased rate?
  • I took a mortgage with Royal Bank of Scotland -Natwest One but am informed they have a policy that they will not issue consent to let the property to a housing association. Is this right and if so, is there a way to bypass this?
  • I am looking to get consent to let with my Royal Bank of Scotland -Natwest One residential mortgage. It is a detached house. Will Royal Bank of Scotland -Natwest One grant consent on this basis? Or would it be regarded as an HMO?