Need Help?

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

Common questions relating to RBS (One Account) consent to lease

  • I rent out my property in Brent. I didn't seek consent to let. I moved to Ashford for work and couldn't do a commute but was worried that RBS (One Account) would charge me silly money 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?
  • Is consent to let needed from RBS (One Account) or can I rent out my new house without telling RBS (One Account) and being forced to switch to a buy-to-let mortgage?

  • I have my ground floor flat in Sutton on the market but notwithstanding a few viewers there is a lack of interest so far. As a backup option I am considering letting out the property if it doesn't sell. I dont think I will have a problem getting consent to let from the freeholder. My IFA has told me that in such circumstances I may be required to switch to a BTL product yet I probably don't have enough equity needed. What's my exposure if I were to retain the current RBS (One Account) mortgage and rent out the flat without informing them. As long as the mortgage is being paid in full and on time, why would they care or check?
  • My plan is to move home. The query I have is whether consent to let will be given on my property for me to subsequently obtain a loan offer for the new house so I can effectively bid chain free and subsequently let my property out should I move. Does RBS (One Account) give consent to let for 12 months? Assuming the rental goes well is it possible for the consent to let time limit be prolonged further?
  • I was just enquiring if RBS (One Account) would issue me with consent to let and what kind of charges, penalties and rate increase etc
  • My GF is in the process of placing an offer on a new property in Hounslow and is on to a good deal as it requires renovating. We want to rent our current property for two years and then return. Is there anything in the Terms and Conditions of my RBS (One Account) mortgage to say I can lease it out or do I need specific consent to let?
  • My OH and I have a domestic mortgage with RBS (One Account) and are deliberating on obtaining consent to let so that we can apply for a further mortgage on another property that I own on a buy to let basis. Before we apply I would like to know the repercussions if any of making the change and any facts that we need to consider.
  • I am currently remortgaging and looking at flexibility of certain mortgage providers when it comes to consent to let. RBS (One Account) is one of the mortgage companies I am thinking of going with. How accommodating are they when it comes to consent to let?