Need Help?

Need professional advice for your consent to let with Reliance Bank Ltd? 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 Reliance Bank consent to lease

  • I have been foolish in failing to advise Reliance Bank that I’m renting my maisonette out. My most recent tenants have left the place in a mess and I need to claim on malicious damage. I’m afraid that my insurer will contact Reliance Bank, and secondly if they do inform them, what are they likely to do given the absence of consent to let?
  • Given we are relocating and unable to sell our property, we are thinking about letting it out. Is it imperative to advise Reliance Bank? If we do, I think they will want to change our mortgage to buy to let and load the rate which we can't afford. I was hoping that if I continued paying on time it shouldn't be an issue, but am now concerned about insurance consequences if we haven't got consent to let. Any thoughts?
  • My husband is in the army and he has been posted overseas we would like to get something called 'Consent to let' from our lender Reliance Bank. Can you assist us?
  • How many months after taking out a new mortgage do I have to wait before I can seek consent to let from Reliance Bank? By way of background I purchased my property in Havering nearly two years ago and am currently on a fixed term for 3 years. I subsequently met a guy and now we are looking at moving in together. I intend to get another fixed term next June. I presume that I would have to hold back for at least half a year before I could apply for consent to let. Is that right?
  • Am I required to wait for consent to let to be issued on my current domestic mortgage with Reliance Bank before applying for a resi mortgage on a second property?
  • I am considering relocating with work and would need to rent my property out. I have a mortgage with Reliance Bank. My property is worth approx £250k and owe £57k on it. Do you think Reliance Bank increase my interest rate?
  • I am looking at some alternative lifestyle. I have a Reliance Bank mortgage, if I become a non-UK resident but wish to rent my UK house, do I need to get consent to let from Reliance Bank to do this ?
  • I was just wondering if there are any costs in obtaining consent to let on a leasehold property when I have a mortgage with Reliance Bank