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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.

Common questions relating to Yorkshire Bank consent to lease

  • I am wanting to email my lender Yorkshire Bank setting out the following reasoning for me asking for consent to let ; "I am having difficulties with the mortgage and want to move to a smaller property but can't sell. I am worried by defaulting on the mortgage and have considered returning the keys. If I had consent to let this will likely solve matters." Is this likely to convince them to grant me consent to let?
  • We currently have a three year fixed rate mortgage with Yorkshire Bank that we're about 18 months into. Our situation has now changed and we would like to let out our flat for a while and move to another town. How do we mitigate the risk of Yorkshire Bank rejecting consent to let.
  • I am looking for some initial insight to see consent to let is a sensible option. I bought my apartment nine months ago by porting an existing Yorkshire Bank mortgage product. My fixed rate ran out three months ago. I'm currently considering moving in with a new partner who has his own property and mortgage also with Yorkshire Bank, which I would not seek to be added to. I don't want to sell my property yet because I'm unsure of whether the new move will work out. I don't want to transfer to a buy to let mortgage yet for 2 reasons: 1) I need to discover if it is a marketable property with rents higher than my mortgage payments and 2) I need to come up with additional capital to satisfy the 65% LTV ratio required for a BTL loan. Ideally I would like to get a consent to let from Yorkshire Bank for a couple of years in order to be more secure in becoming a possible landlord and to generate the capital. If at the end of the consent to let period I was unsure I would probably either sell my property or, depending on the new relationship working out, resume living there.
  • I have an existing Yorkshire Bank mortgage on a house from 2010. I am now married and moved into my husband’s home. My property is currently vacant and have a choice to sell or let it out. Chances are that this will not be a short term agreement as I can't see us move back in. What should I tell Yorkshire Bank in order to get consent to let?
  • It is looking as though I may need to move to Boston for a couple of years, I have a property with a Yorkshire Bank mortgage. Do I need to seek consent to let? Will they willing to grant this?
  • Hi my partner and I own and live in 2 separate properties can I obtain consent to let from Yorkshire Bank and let my one bedroom apartment out if I move in with her?
  • I was just wondering how to obtain consent to let from Yorkshire Bank...do I call them or apply formally in writing to them?
  • I am enquiring as to whether there are any charges in getting consent to let on a freehold property when I have a mortgage with Yorkshire Bank