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

Common questions relating to Darlington Building Society consent to lease

  • I want to explore if I can obtain consent to let on my existing property. I have a mortgage with Darlington Building Society but my situation has changed. I'm about to move in with my partner and son who have a house and more room than my 1 bed flat. I doubt I will qualify for a buy to let loan as I don't have money for a deposit nor do I earn more than £25000 per annum.
  • Much to my surprise I have been offered a once in a lifetime job opportunity for eight months in New York. I do have sufficient savings to cover the monthly Darlington Building Society mortgage yet the block insurance stipulates that the property must be occupied in order not to be invalidated. Last December the roof suffered storm damage but was repaired. If there happened to be any problems through the winter months I would struggle to cover the remedial works. How likely is it that I will get consent to let by Darlington Building Society for a limited period?
  • If I took out a new mortgage with Darlington Building Society how long do I have to wait for consent to let without switching from a 1st time buyer mortgage?
  • I'm one year into a two year fixed mortgage with Darlington Building Society. The LTV is only 50%. I've come across a really good deal on a one bedroom apartment in Waltham Forest which I don't want to miss. It appears that the only way I can get this other property is to take out some good chunk of equity. I would let the existing property which would adequately cover the mortgage with Darlington Building Society. Can I get a consent to let from Darlington Building Society and and then seek an equity release after it's let out?
  • My husband and I were enquiring if it's possible if you own one property with consent to let from Darlington Building Society, to purchase a second with a homeowner mortgage to live in. Then once the consent expires on the first property, to change to buy to let or sell it?
  • We are about to buy a place and plan to live in it once we have renovated but we may need to let the property out but not clear on what the criteria is for consent to let from Darlington Building Society? We don't require a buy to let mortgage because we are not certain if we will need to let it out at all
  • Assuming that I was successful in obtaining consent to let from Darlington Building Society, can I sell during the consent period? Is it possible that I would incur any penalties?
  • Six weeks ago I purchased my property and took out a mortgage with Darlington Building Society but my boyfriend has asked me to move in with him. Would I be granted consent to let?