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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.

RBS - Virgin One Consent to Lease Example Support Desk Enquires

  • We are first-time buyers, currently renting. We want to purchase a three bed flat in Croydon. We want to move there, but will need to wait for a job - perhaps 2-3 years. Do we have to get a B2L mortgage? Would it be possible to have a 1st time buyer mortgage with RBS - Virgin One, because we intend to move there soon? Or could we reside there for a few of months, then start renting it with consent to let from RBS - Virgin One? I'm only willing to consider options that are completely legitimate, and have no intention of breaching the terms of the RBS - Virgin One mortgage.
  • My brother is intent on letting his flat out in the absence of consent to let via his mortgage lender RBS - Virgin One. He has been on an interest only loan for about six years now. Outstanding amount is £112k, having bought the flat for about £125k. If he lets the apartment out privately, exactly what sanctions does he risk?
  • I would like to let my existing property and want to buy a bigger house for the family. I have a two year fixed mortgage with RBS - Virgin One. On the basis I get the consent to let as I understand lenders are more than likely to push me towards getting BTL mortgage when the fixed term is finished. Could I remortgage after two years with another lender? What ramifications does that have aside from the higher rates - will I need a higher equity ratio in the property too ie lower loan to value?
  • The hope is to move home. My question is whether consent to let will be granted on my property for me to then get a loan offer for the new house so I can effectively bid without being part of a chain and then let my property out when I move. Does RBS - Virgin One grant consent to let for 6 months? Assuming the letting goes to plan can the consent to let period be prolonged further?
  • I have a mortgage with RBS - Virgin One on a 2 year fixed term contract. I may have chance of a teaching job abroad next year. Would I be eligible for consent to let by RBS - Virgin One if I took this job abroad?
  • I want to purchase a new home but can't afford to sell my existing property with a RBS - Virgin One mortgage. Do you know the criteria for RBS - Virgin One to grant consent to let? Is getting married and having kids a good enough reason to seek consent?
  • My partner and I took out a mortgage with RBS - Virgin One a few months ago and although it's a long way off we may have to relocate around next July or August and would like to be able to lease our property out. Would this be possible with a non- BTL mortgage?
  • My partner and I am looking into the option of renting out my flat with consent to let from RBS - Virgin One whist away travelling for a few months