Consent-to-let Help for The Royal Bank of Scotland plc

Top Five Questions relating to Royal Bank of Scotland consent to lease

• Eighteen months ago my husband and I purchased our council home, in Lambeth,recently valued at £240k. It was paid for in full from our own funds, unencumbered. We are prohibited from selling (without penalty of losing some of our discount) before five years have gone by. Regardless, we wish to keep it as a investment property to let out. We wish to release some equity via a Royal Bank of Scotland mortgage. Will consent to let be given?
• My friend has let her house off the same landlord for nearly one and a half years. For the past year my friend has been receiving letters from Royal Bank of Scotland (she hasn't opened them-it is clear from the envelope). Inititially she reposted them to her landlady's address. I was a bit suspicious as none of her landlord’s post was meant to be going there. I decided to go to my friends house and called Royal Bank of Scotland on her behalf. The gentleman I spoke to at Royal Bank of Scotland had a long list of questions, the landlady's details, information on the tenant and then said they would investigate whether she had the right mortgage and if she didn't it was an offence in the absence of consent to let. Should my friend be worried?
• My granddaughter is going to work abroad for three years and wants to let her flat out. She has a Royal Bank of Scotland fixed rate mortgage on repayment and wants consent to let the property as well as transfer to interest only. What does she need to do?
• I am just about to receive a mortgage offer from Royal Bank of Scotland for a freehold house. I have applied via a broker. It is a capital and interest mortgage. I wonder what is the main criteria Royal Bank of Scotland adopt in order to grant customers consent to let? Is consent to let based on the rental yield of a property?
• If I were to apply for consent to let from Royal Bank of Scotland please can I know the time scale Royal Bank of Scotland would take to make a decision?
• I currently have my mortgage with Royal Bank of Scotland and have been for the previous eighteen months and I am interested in finding out some more information about the possibility of obtaining 'consent to let’.
• Is there a fixed or maximum term how long I could rent my house out to a family member with consent to let from Royal Bank of Scotland. I no longer want to live in the area and want to buy a new home?
• I am interested in consent to let for my home mortgaged with Royal Bank of Scotland. How do I move forward? Do I have to contact Royal Bank of Scotland and get them to agree?