Consent to Let - RBS - Virgin One Requirements
The content herein aims to help property law solicitors on the RBS - Virgin One solicitors panel where their non-lender client proposes to let out their property. Lawyers are advised to the CML handbook requirements for RBS - Virgin One. The information on this page is not focused on buy-to-let requirements but is restricted to situations where the borrower will need consent to let from RBS - Virgin One.
Need help with "Consent to Let" from RBS - Virgin One?
RBS - Virgin One requirements state that if in advance of completion of the conveyancing retainer, the borrower informs you of an intention to let the property you should advise the borrower that any letting of the property is prohibited without prior consent to let from RBS - Virgin One. If the borrower wishes to let the property after completion then an application for consent to let should be made to RBS - Virgin One by the borrower.
The application for consent to letting should be made to:
As detailed above in 1.11a.
The content set out above covers to properties in England and Wales.
Other sites are avaialble targeted to borrowers for information and help on consent-to-let with RBS - Virgin One.
Consent-to-let requirements differ from the RBS - Virgin One buy-to-let requirements.
Find out how to order your redemption statement request from RBS - Virgin One