Hi there, I have just been offered a job away and so want to rent my flat out. i'm with n/rock on 100% and am aware of consent to let - any advice?
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130Donna Ferguson postedThis article I wrote last year might help:
Good luck.
Donna Werbner
(Acting Editor, lovemoney.com)
Posted on 25 May 2009 |
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85ckm4328 posted
They will almost certainly give you permission to let if you request it. Subject to their administration charge usually about £125.
Don't forget that permission to let does not allow you to have a mortgage on another property. Nothern Rock will almost certainly object to that.
I'm not sure whether you could in another jurisdiction though. I don't know if anyone else can help out on that.
Posted on 26 May 2009 | Love 0 loves
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0in the dark posted
Thanks both! It will just be for a year initially and we won't be taking on another morgage - we're planning to rent while we figure things out.
Sorry another questions as I am really new to this!!! - Our mortgage product ends in July and they have said they will put us on a standard rate - will this affect their decision do you think?
Posted on 28 May 2009 | Love 0 loves
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