Need Help?

Need professional advice for your consent to let with The Royal Bank of Scotland plc Virgin One? 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 - Virgin One consent to lease

  • We have a fixed rate mortgage with RBS - Virgin One. This has been in place for two years. We are deliberating leasing out our property and renting in a village close to our daughter’s school until we find the right home to purchase. Do RBS - Virgin One normally give consent to let and do they apply an increase to the mortgage rate?
  • Last September my husband and I purchased our council house, in Lambeth,recently valued at £200k. It was paid for in full from our own finances, with no mortgage. We are prohibited from selling (without repaying back a significant amount of the discount) before 5 years have passed. Regardless, we want to keep it as a investment property to rent out. We are considering taking out a mortgage with RBS - Virgin One. Will consent to let be given?
  • I have been granted consent to let by RBS - Virgin One for a while now but they now wish to speak with me and I expect their motivation will be to get rid of me. Do you have any suggestions as what I can do next?
  • Just wondering if RBS - Virgin One perform any checks when seeking a residential mortgage, I'm ideally looking to lease the property out and am in two minds as to whether I should apply for consent to let. How likely are they to find out if I rent the property out?
  • I took a residential mortgage with RBS - Virgin One, and I would like to rent the flat out, until I decide whether to sell or hold on to it as an investment. At the moment I am on the fixed rate. Will I need to move onto a new mortgage? I.E. BTL?
  • I would like to find out more about how to get consent to let on a property. In particular what is the procedure for consent to let if you have a residential mortgage with RBS - Virgin One
  • Are you able to advise me how much the fees are and if RBS - Virgin One ordinarily give consent to let without changing to a commercial rate?
  • How likely is it that RBS - Virgin One force me into a consent to let product whilst in a fixed rate product for 2 years?