Consent to Let - Lloyds Requirements

All lenders have their own requirements when it comes to consent to let. This page sets out to enlighten residential conveyancing solicitors on the Lloyds conveyancing panel where the firm’s client wishes to rent out their property. Lawyers should still check the CML handbook requirements for Lloyds. 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 Lloyds.

Need help with "Consent to Let" from Lloyds?

Lloyds 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 Lloyds. If the borrower wishes to let the property after completion then an application for consent to let should be made to Lloyds by the borrower.

The above information covers to properties in England and Wales.

Other sites are avaialble targeted to borrowers for information and help on consent-to-let with Lloyds.

Consent-to-let requirements differ from the Lloyds buy-to-let requirements.