Need Help?

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

Sample questions relating to Dudley Building Society consent to let

  • I am a first time buyer interested in a 2 bedroom house in Dudley Building Society. I have a 40% deposit with a mortgage from Dudley Building Society. My concern is that my fiancee has a flat in London and I anticipate moving in next year, when I would have to let out my property. I I know that consent to let is needed but it does not sound like a positive outcome is assured. Is there any advice you can impart?

  • Under what scenarios will consent to let for a property be issued via Dudley Building Society? How long do you have to have had ownership of the property before consent to let can be negotiated with Dudley Building Society? In order to give you some perspective we are moving abroad for a year and a half with my wife’s work and will need to rent our property. I would be looking at procuring consent to let initially to be able to put a tenant in it to cover the expense of the Dudley Building Society mortgage.
  • I moved out of my apartment about 4 months ago but didn't get around to get a consent to let letter, mainly because the mortgage fix rate period is ending in six weeks and I am considering refinancing anyway. I want to ask for consent now, is that going to open up a hornet’s nest?
  • We are planning to lease out my property for 12 months from 10th August next year. Is there a template letter I can use to send to Dudley Building Society to request consent to let.
  • When it comes to consent to let from Dudley Building Society am I supposed to inform them every time we get a new tenant and send them a duplicate of the tenancy?
  • My fiance and I are considering a remortgage and also thinking of renting the property in the future - Is there a charge with Dudley Building Society to procure consent to let and what are the criteria?
  • I am currently in the process of applying for a mortgage through Dudley Building Society - I foresee that in the coming months I may decide to let out the property - how would I swap the 1st time buyer mortgage to a BTL mortgage?
  • Are you able to advise me how much the fees are and if Dudley Building Society ordinarily issue consent to let without transferring to a commercial rate?