Need Help?

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

  • Are any options available to me if my application to obtain consent to lease is rejected by Ipswich Building Society?

  • I've got a current homeloan with Ipswich Building Society approaching two years and the fixed rate is about to be renegotiated. We are thinking of releasing equity out of our existing home to enable us to purchase a new larger house and then rent out the current maisonette. The initial advice we received was that we should look for a new domestic mortgage allowing for consent to let - what does this mean?
  • I have a Ipswich Building Society mortgage and have been renting my flat minus consent to let, which I am now led to believe means I am in breach of my mortgage terms and condition. They may have suspicions that I am not residing there. What are the legal repercussions of my actions?
  • I have been foolish in failing to notify Ipswich Building Society that I’m renting my maisonette out. The latest tenants have left the place in a mess and I need to claim on malicious damage. I’m nervous that my insurer will contact Ipswich Building Society, and secondly if they do inform them, what are they likely to do given the absence of consent to let?
  • If we request a consent to let letter by Ipswich Building Society will we be made to switch to buy to let mortgage? We are with Ipswich Building Society and as properties are not currently selling and we have seen one we like we were leasing our home out in order to buy the new and dispose of this one if the value picks up.
  • I am considering moving abroad for work and would like consent to let from Ipswich Building Society whilst I am away. Is the way forward to complete the consent to let form and mail it to Ipswich Building Society? Letting the property isn't to make money but to keep the house in case things don't turn out as well as we hope
  • I currently have my mortgage with Ipswich Building Society and have been for the past eighteen months and I am interested in finding out some more information about the possibility of obtaining 'consent to let’.
  • I might potentially need consent to let from Ipswich Building Society in the future with work. I am just seeing what the options would be if this was the case. Are there any time restrictions on the length one can let out your property with consent?