Consent to Let

Consent to Let is permission from your home finance provider to temporarily rent out your home. Consent to let allows you to rent out your home without re financing from a Home Purchase Plan (HPP) to a Buy to Let Purchase Plan (BTLPP).

Is Consent to Let the same as a Buy to Let Purchase Plan?

Consent to Let is not the same as a Buy to Let Purchase Plan (BTLPP). Consent to Let is the Bank agreeing to short term temporary letting of your home, while a BTLPP is long term property financing for landlords.

If you plan on renting out your property and do not intend to return to live their yourself in the foreseeable future, you need to apply for a BTLPP.

View our range of BTLPPs

When to consider Consent to Let?

Consent to Let is a short-term agreement, usually granted for six to twenty-four months, which allows homeowners to temporarily rent out their home without refinancing.   It is not a long-term solution for prospective landlords.

Consent to Let can be useful for homeowners when their circumstances change. For example  if a homeowner needed to temporarily move for work purposes.

Does Al Rayan Bank offer consent to let?

Al Rayan Bank will grant Consent to Let to eligible customers, who have had an existing HPP with the Bank for at least 12 months before applying for Consent to Let.

Applications for Consent to Let are assessed individually, and customers should contact us to discuss their eligibility.

Call us on 0800 4086 407.

  • Monday to Friday from 9.00am to 7.00pm
  • Saturday from 9.00am to 1.00pm

If you are calling from outside the UK, please call 0044 129 889 0137.

Please note the time difference when you are calling from abroad.

What happens when my Consent to Let ends?

We will contact you before your Consent to Let ends to discuss how you would like to go forward.

Buy to Let Finance calculator – how much will the bank contribute?

Please use the calculator provided to consider your options, or go to our secure online Agreement in Principle which allows you to proceed to an online application form. 

Buy to Let Finance calculator - how much will my payments be?

Please use the calculator provided to consider your options, or go to our secure online Agreement in Principle which allows you to proceed to an online application form. 


Frequently asked questions

We answer some frequently asked questions about buy to let property finance.