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Need professional advice for your consent to let with Yorkshire Bank Home Loans Ltd? There are various implications when it comes to letting out your property with an existing residential mortgage - you should seek professional assistance.

Sample questions relating to Yorkshire Bank consent to let

  • In what situations will consent to let for a property be given by Yorkshire Bank? How long do you have to have had ownership of the property before consent to let can be granted by Yorkshire Bank? By way of background:We were living in a very small apartment which is too small for us, my wife is also unwell and we are far away from family who could provide a bit of relief, in the form of babysitting. I would be looking at being given consent to let initially with a view to put a tenant in it to offset the expense of the Yorkshire Bank mortgage.
  • I obtained consent to let from Yorkshire Bank in 2013 but failed to need it and subsequently refinanced with another bank. I recently sought for consent to let. I was told it would be authorised since their requirements were met. I have now received a communication informing me that I must provide a letter from the DWP evidencing that that are aware of my current situation before they can issue consent. They said this is policy but I have not been able to find these T&Cs on their site. I did complain about the insinuation that I might intend to continue to claim help with interest from the DWP whilst receiving rental on the property. They apologised and offered to deposit £35 in my account . However i still am unable to locate this term and condition and i feel this is otherwise inappropriate I want to let my property as a way of releasing me from redress to social benefits not in order to discontinue claiming
  • Last week provided with a work opportunity overseas and considering whether it's a good idea renting my house out. Will Yorkshire Bank permit me to switch mortgage or give me consent to let? If not I will have to consider if it's worth taking the promotion. I have no objection to paying more as it is likely that I will come back and move into my home after 1 to 3 years. My agenda here is not to to make money. Just love my property and wish to return to it at some point in the future.
  • I accept that I have been most reckless in not informing Yorkshire Bank that I’m leasing my studio flat out. The latest tenants have left the place in a mess and I need to claim on malicious damage. I’m worried that my insurer will contact Yorkshire Bank, and secondly if they do inform them, what are they likely to do given the absence of consent to let?
  • We are looking for some preliminary insight re consent to let? We have a mortgage with Yorkshire Bank and are considering leasing the place out for a couple of years, but cannot really afford to change to a buy to let mortgage. The estate agent mentioned something about a content to let
  • I have a mortgage with Yorkshire Bank and am debating whether to sell or rent in the short term but don't have the equity for a buy to let mortgage at this stage. What are my consent to let options currently?
  • I currently have a residential mortgage with Yorkshire Bank and plan on letting due to work being based in London. In asking for consent to let from Yorkshire Bank do I run the risk of them forcing me to change deal to BTL
  • Is there a fixed or maximum term how long I could rent my home out to a family member with consent to let from Yorkshire Bank. I no longer want to live in the area and want to buy a new home?