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.

Recently asked questions relating to Reliance Bank consent to lease

  • My husband and I recently sorted our rates for another fixed period with Reliance Bank. However, I went to an interview and basically I accepted the job offer in Newham. I'm going to rent a one bed flat for me and my family in Ealing as we don't wish to sell the house whist there is a possibility that we come back within a couple of years.... We really don't know whether it will work out. We called Reliance Bank but we would like also your point of view please. Is it possible to obtain consent to let in that case as we just got a fixed 5 years rate we really don't want to lose this rate.
  • Am I required to inform Reliance Bank of my intention to rent a room out to a lodger. I have two spare rooms that could be used by lodgers and I was thinking that as the occupancy remains in keeping with that of the 'family' use of the property it might not require consent to let. Can you help clarify? I am taking independent advice on the insurance, legal and tax implications.
  • My husband called Reliance Bank on Friday regarding consent to let. We are awaiting a call back. We have put an offer in on a property that has been provisionally accepted so would like to know how likely it is that we will receive consent to let with Reliance Bank?
  • Our fixed rate mortgage with Reliance Bank ends 8th May. I am about to move to Paris with work in next month. I wish to rent the house initially. Can I get a consent to let the property?
  • Do I need 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 new property?
  • Our Reliance Bank mortgage is coming up for renewal. We would like to apply for a new fixed rate mortgage and then seek consent-to-let. Is this possible? We don't use the house much now that our kids have grown up, and would be better used as a rental.
  • Will I need consent to let from Reliance Bank if I am intending to live in the property myself for three months of the year? Furthermore if I obtain consent to let for a period of time, say up to twelve months, what happens thereafter.
  • What, if any, income requirements do Reliance Bank set for consent to let on an existing standard mortgage?