Need Help?

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.

Questions and Answers: Chelsea Building Society consent to let

  • Soon to be packing up as my wife and I will move back to Perthin Month, initially short-term but potentially longer term. We have just applied to Chelsea Building Society to obtain consent to let out the property (we have already found tenants). I have had a mortgage with Chelsea Building Society for three years and there have been no arrears. Chelsea Building Society inform me, that even if they give permission, that this will be limited consent for 12 months. And then what?

  • Me and my brother are joint proprietors of a small apartment in Ealing with a Chelsea Building Society mortgage. I am looking to vacate and purchase a house with my fiancee. How would I deal with finding a tenant for my room? Would I need consent to let from Chelsea Building Society. My brother will remain in the flat
  • Our existing property in Havering has nearly £80K equity with a mortgage with Chelsea Building Society. It's a nice family house in a popular location and I think it would rent well. We are probably moving for my husband's work and were thinking of keeping this house on as a rental property - should we be swapping the loan to a B2L product or should we request consent to let from Chelsea Building Society?
  • I am looking for our family to move to give us all more space. We are planning to purchase another house next year. The house is worth £185k and we have about £65k left to pay on the Chelsea Building Society mortgage. We would prefer to keep this house if possible and let it out with consent to let. Is it possible to get a mortgage on two properties at the same time or do we need to fully pay off our current mortgage first?
  • I have a mortgage with Chelsea Building Society on a 2 year fixed rate. I may have chance of a teaching job in Belgium next July. Would I be eligible for consent to let by Chelsea Building Society if I took this opportunity overseas?
  • I currently have a mortgage with Chelsea Building Society. I am considering renting and purchasing another property but this is all new to me. How do I go about applying for consent to let from Chelsea Building Society?
  • We have a new mortgage however my girlfriend doesn't feel safe in the property due to other tenants in the block. I know that many lenders have a half year rule before consent to let - does this apply to all lenders. Is there any way Chelsea Building Society would grant consent to let at the outset?
  • About to remortgage my property but will likely be moving out in the next year and would be looking to rent it out. What would I need to do to get consent to let from Chelsea Building Society?