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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.

Frequently asked questions relating to Ipswich Building Society consent to lease

  • A friend of mine has been renting her house from the same landlady for almost 18 months. During the past year my friend has been getting letters from Ipswich Building Society (she hasn't opened them-it is clear from the envelope). To begin with she forwarded them to her landlord’s address. I was a bit suspicious as none of her landlady's post was meant to be going there. I decided to go to my friends house and called Ipswich Building Society on her behalf. The guy I called at Ipswich Building Society asked all sorts of queries, the landlady's details, information relating to the tenant and then said they would investigate whether she had the right mortgage and if she didn't it was an offence with no consent to let. Can you shed anymore light on this?
  • My fiancee and I are are looking to join the property ladder, presently renting. We want to purchase a maisonette in Waltham Forest. We want to move there, but will need to wait for a job - perhaps 2-3 years. Do we have to seek a buy-to-let mortgage? Would it be possible to have a normal mortgage with Ipswich Building Society, even though we won't be moving in straight away? Alternatively could we reside there for a couple of months, then start renting it with consent to let from Ipswich Building Society? I'm only evaluating scenarios that are entirely legal, and have no intention of contravening the terms of the Ipswich Building Society mortgage.
  • My husband and I recently sorted our rates for another fixed five years with Ipswich Building Society. However, I went to an interview and basically I accepted the job offer in Islington. I'm going to rent a two bedroom flat for the family in Enfield as we don't want to sell the house whist there is a chance that we come back before two years.... We really don't know whether it will work out. We called Ipswich Building Society but we would appreciate your take on the situation. Is it possible to get consent to let in that case as we just got a fixed 5 years rate we really don't want to change.
  • My understanding is that this is a breach of Ipswich Building Society terms and conditions of mortgage if I let out my house having informed that I intend to live there. The hope is to have the mortgage fully paid off after five years, by which time the property will be mortgage free, meaning I no longer require any consent to let. Ipswich Building Society advised me I can overpay as much as I like during the agreement. I know someone who wants to rent the property. What checks do Ipswich Building Society do and what are the chances that they are likely to do this? What are the implications of not seeking consent to let? From what I have read there is a possibility of Ipswich Building Society jacking up the interest rate
  • Iwould like to rent out the family home and buy other. Can Ipswich Building Society refuse to grant me consent to let?
  • Ipswich Building Society. Will they grant consent to let a property for 18 months? I reoccupy as a resident.
  • Do I require consent to let if I let to a family member (in my situation my Dad now lives there and contributes towards the Ipswich Building Society mortgage)?
  • I wish to get consent to let from Ipswich Building Society for two years until I can move onto a BTL. Is this possible