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

Chelsea Building Society consent to let: Q and A’s

  • I would like to move and let out my maisonette in Wandsworth. Having bought it in June 2007 and currently on a high ltv there is little equity in it. My mortgage is with Chelsea Building Society. Do you know where Chelsea Building Society stand when it comes to consent to let?
  • I have a garden flat in Bexley let out which has a 62 year lease. Mortgage adviser said I should refinance (currently with Chelsea Building Society) as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income would give me a budget of £210k. Not much about in Brent for me to get my own place. To extend the lease will be approximately 21k. Should I keep or sell the flat?
  • In a situation where a landlord chooses to let out their property without consent to let by Chelsea Building Society - what, if any implication could there be for an agent acting on their behalf?
  • I am expecting to apply for consent to let from my existing mortgage provider Chelsea Building Society. A colleague of mine said that he was granted ‘consent to let’ confirmation from a different lender where it stipulated that the tenancy granted must be in the form of an assured shorthold tenancy. Can you explain what this is?
  • I am looking to Chelsea Building Society to grant consent to let out my studio flat in Hackney. I am moving in with partner, cant sell property
  • Me and my partner took a mortgage with Chelsea Building Society but am told they have a policy that they do not give consent to let the property to a local authority. Is this true and if so, is there a method to bypass this?
  • Am I required to negotiate consent to let if I let to a family member (in my case my father now lives there and contributes towards the Chelsea Building Society mortgage)?
  • I got a homeowner homeloan with Chelsea Building Society. I acquired the property in November two years ago. What are the options and criteria for consent to let.