Need Help?

Need professional advice for your consent to let with Barnsley Building Society (Yorkshire Building Society)? There are various implications when it comes to letting out your property with an existing residential mortgage - you should seek professional assistance.

Top Five Questions relating to Barnsley Building Society consent to lease

  • What is the difference between consent to let and changing to a buy to let mortgage? Also is the property subject to Capital Gains Tax if sold?
  • I wish to move home and I am wondering if I can get consent to let on my property then get a mortgage approval for the new house so I can put in an offer without being part of a chain and then lease my property out once I move. Will my lender Barnsley Building Society grant consent to let for 12 months if they know I am wanting to purchase somewhere else or only where one is moving temporarily with work?
  • I currently have a mortgage offer with Barnsley Building Society. I am hoping to complete in the next few weeks, however it looks as though I may be moved abroad for work. Would it be possible for me to obtain consent to let from Barnsley Building Society shortly after drawing down on the mortgage. Are there any other options open to me?
  • Our current house in Camden has approximately £80K equity with a mortgage with Barnsley Building Society. It's a 3 bed house in a popular catchment and it should rent well. We are probably moving for my partner’s work and were considering keeping this house on as a rental property - would we need to change the mortgage to a buy to let product or can we get consent to let by Barnsley Building Society?
  • I am looking at moving abroad for work and would like consent to let from Barnsley Building Society whilst I am away. Is the way forward to prepare a letter requesting consent to let and send it off in the post to Barnsley Building Society? The point of renting the property isn't to make money but to retain the house in case things don't work out
  • I am contemplating a remortgage and also thinking of renting the property in the years to come - Is there a charge with Barnsley Building Society to obtain a consent to let and what are the requirements?
  • I'm intending to switch mortgage provider to Barnsley Building Society for a fixed rate but the likelihood is that I would need to rent the property out for about 12 months. Do Barnsley Building Society consent to let on fixed rate home loans and if so, what are the costs.
  • Last month I bought a flat with a Barnsley Building Society mortgage. However I am presently living with mother and father. I don't want to move in until next January due to personal reasons. In interim can I let out the property with consent to let?