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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.

Recently asked questions relating to Reliance Bank consent to lease

  • I rent out my property in Croydon. I didn't obtain consent to let. I moved to Aldershot for a job opportunity and was unable to cope with the traveling but was nervous that Reliance Bank would charge me an arm and a leg so I decided to take the risk. I'm hoping to legitimise it now... basically carry on letting it but with consent. What course of action do I take now?
  • My partner and I (joint owner) are thinking of remortgaging with Reliance Bank. I was doing some research concerning consent to let from Reliance Bank to understand the rules around potentially letting our existing flat out (probably in a year or 2) if we moved away. The flat in question was a first-time purchase for us about three years ago. We are living there at the moment.
  • I was just looking for guidance on whether I will be allowed to convert a homeowner mortgage with Reliance Bank to a consent to let. It will be less than 70% loan to value and it would alter from repayment to an interest only loan?
  • At the moment I am looking to acquire my first home however, working as a freelancer. I want to chose a mortgage company that will permit short term letting with a homeowner mortgage so that I could rent out the property temporarily with long periods of absence without being forced into a buy to let product. Can you let me know how lenders would view this and in particular the stance taken by Reliance Bank.
  • If we request a consent to let letter from Reliance Bank will we be forced to convert to buy to let mortgage? Our mortgage is with Reliance Bank and as houses are not selling at the mo but we have seen one we like we were considering letting our home out in order to buy the new and sell this one if the value picks up.
  • Are you able to help? I am just curious whether Reliance Bank offer consent to let as an option should I decided to rent out my property under a homeowner mortgage. Is there a specific rule for right to buy property and consent to let?
  • My work commitments are changing and this could result in mebe in different places a lot and as such I wanted to get to grips with the process for getting consent to let with Reliance Bank
  • I need to contact Reliance Bank to enquire about renting out our apartment. Will they post an application to me. Can I not download this from the site?