Need Help?

Need professional advice for your consent to let with Family 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 Family Building Society consent to lease

  • Are any options available to me if my application for consent to lease is subsequently refused by Family Building Society?

  • I have just been on a call with Family Building Society who have advised me that they discovered that I have been renting the garden flat despite having a domestic mortgage. I moved out two years ago for work reasons, was unable to sell and so had little option but to rent out the property. Do you know what the connotations will be for me not procuring consent to let?
  • At present I have a standard mortgage with Family Building Society. I have been offered a house as part of my job and want to rent out my existing property. My mortgage broker has advised me it is straightforward process. Are you able to provide me with some information please?
  • My understanding is that this is a breach of Family Building Society mortgage policy if I let out my house having indicated that I intend to live there. The plan is to repay the home loan after six years, by which time I will become the outright owner, meaning I no longer require any consent to let. Family Building Society advised me I can overpay as much as I like during the lifetime of the mortgage. I know someone who wants to rent the property. What checks do Family Building Society do and what are the chances that they are likely to do this? What are the consequences of not seeking consent to let? From what I have read there is a possibility of Family Building Society levying a fine
  • My existing mortgage is with Family Building Society, but I have to get consent to let for around a year as my partner is unwell and is struggling to balance work with the hectic environment we are living in. We want to just chill out a little for twelve months (by living near her mother and stepfather and having support) in a greener less hectic part of Bristol.
  • Were I to let my property with consent to let from Family Building Society will there be any rate increase? I am currently on a fixed rate for two years.
  • Me and my husband have a mortgage with Family Building Society but am informed they have a stipulation that they refuse to give consent to let the property to a local authority. Is this true and if so, can you suggest a way to bypass this?
  • I was just wondering how to get consent to let from Family Building I call them or apply formally in writing to them?