Consent To Let

Under the terms and conditions of your mortgage, you must obtain Northern Rock's consent before you let your property. You can refer to our list of guidance notes (36 KB) PDF.

To determine if you are eligible to apply please answer the following statements. Please note that any application for consent to let will be subject to review on receipt of your application form and no decision in principle can be made at this point.

The loan to value on my mortgage is less than or equal to 70% (this can be calculated using the existing balance of the mortgage divided by the current value of the property).

My mortgage is not subject to a guarantor.

The letting agreement is self-financing
(i.e. the rental income is sufficent to cover 120% of the mortgage repayment on an interest only basis including any unsecured loan).

The property will not be let to a local Council / Authority or Housing Association. Nor will it be used as a holiday let / bed and breakfast / guesthouse or to let out part of the secured property, such as annex or cottage within the grounds.

You must ensure that you are able to answer yes to all the above statements to continue with your consent to let application.

download consent to let application form

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE