Can I let my property?

If you want to let your property, instead of living in the property, you’ll need to get permission from us first before letting. There are some important things you'll need to consider before making your application including a number of fees and charges to pay.

What fees and charges will I need to pay?

If you’d like to let your property, you’ll need to get permission from us and pay a letting application fee and an additional lettings interest rate (after 6 months) if your application is approved.  Please see the Tariff of Charges for our current fees.

There may be circumstances when fees and charges do not apply. Please call us on 0800 30 20 11 for more information.

Letting application fee

A letting application fee of £40 will be added to your loan if your application is approved and you’ll pay interest on the fee which increases the total amount you’ll pay.

However, if you'd prefer to pay the fee upfront, you can make a one off payment by Direct Debit, online bill payment, or by cash or cheque at any of our branches. If you have more than one mortgage account on the property, only one fee will apply.

Additional letting interest rate

When you’ve been letting your property for more than 6 months, an additional letting interest rate of 1% (variable) will be charged on all accounts (exclusions apply). We’ll let you know your new monthly payment about 2 weeks before it’s due.

If you’ve cancelled a lettings agreement with us in the last 6 months, we’ll treat this application as an extension of your previous arrangement, unless you can provide us with proof that you’ve lived in the property. This means you’ll pay the additional lettings rate for the month(s) between your old agreement ending and the new agreement starting.

We’ll give you reasonable notice of any change to the additional letting interest rate and let you know about any changes by changing our Tariff of Charges.

How do I apply to let my property?

Step 1

Decide to let your property.

Step 2

Request a ‘permission to let’ form. Call us on 0800 30 20 11 or visit us in branch.

It's not currently possible to apply to let online.

Step 3

Complete and return the form to us by post, making sure all borrowers have signed it.

Find out more

Check out our FAQs for more information, or get in touch.

Contact us

Visit us in branch

If you need to speak to a member of staff, pop into any branch. Use our branch finder to find your nearest location.

Contact us

Give us a call

If you can't find what you need on this page or in the FAQs, call us on 0800 30 20 11 and we'll be happy to help.

Frequently asked questions