Can I rent out my home?

You can apply to rent out your home. If we agree, we may apply some charges to your account while you rent out your property. We’ll explain these when you apply.

Things to consider:

  • You have to ask us if you want to rent out your home. See our Letting without permission section for the impact not asking us can have on your mortgage payments.
  • You must follow rules and laws that apply to a landlord letting a property.
  • You can't usually rent out your home if you bought it under the Help to Buy scheme.
  • We don't allow multiple tenancies. We allow up to five tenants on one tenancy. All tenants must be party to one agreement.
  • Don't forget to let us know once you move back in so we can update your correspondence address. Call us on 0345 600 9026.

How do I apply?

If you’re registered for Online Banking and your mortgage account number begins with 10 or 95 you can apply online.

  1. Sign in to Online Banking - you'll need to do this on an internet browser on your desktop, laptop or your phone (not our Mobile App)
  2. Select your mortgage and then 'More Actions'
  3. Go to 'Account Services' then 'Request Consent to Lease' in the Making Changes section
  4. Complete and submit the form. We'll let you know our decision within 14 days. If we agree, we'll let you know the terms you'll have to agree to while you rent out your property

Sign in to Online Banking

Not registered? Register for Online Banking now.

Does your mortgage account number not begin with 10 or 95?

Letting without permission

If you rent out your property without our approval we:

  • Can charge you interest on top of your current rate. This will increase your monthly mortgage payments.
  • May charge you extra interest or payments backdated to when you first rented out your property.
  • Won’t let you take out any further mortgage borrowing with us.

You could lose your home if you don’t keep up your mortgage repayments