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

  • In what situations will consent to let for a property be given by Leeds Building Society? For what period of time do you have to have had ownership of the property before consent to let can be granted by Leeds Building Society? In order to give you some history:We were living in a very small apartment which is too small for us, my wife is also unwell and we are far away from family who could provide a bit of relief, in the form of babysitting. I am looking at procuring consent to let in the first instance in order to put a tenant in it to cover the expense of the Leeds Building Society mortgage.
  • Just contacting you on behalf of a relative who has a mortgage with Leeds Building Society. He wanted to find out if there is a charge for granting consent to let? He has been in his property for two years but has been offered a job 95 miles away away for a two year contract and is considering renting the house out while he is away.
  • I sought consent but was turned down as I did a remortgage in July but Woolwich does not give consent if mortgage is less than 6 months old. Now I am worried when 6 months is gone are they going to find some other criteria that will not be ok. As a backup plan I can remortgage with Leeds Building Society but will they give me consent straight away?
  • My OH have an offer accepted to buy a property, we have a deposit of between 10-15% for a homeowner mortgage with Leeds Building Society. The small problem is we may go overseas in two months for work. We are using a financial adviser. She says if you tell this to Leeds Building Society in advance you will need to get a buy to let. Do go ahead with residential mortgage with Leeds Building Society, in a couple of months seek consent to let? Otherwise, do we try and speak to Leeds Building Society at this point and say there is a chance we will move abroad in the future (I have not signed anything as yet to move abroad) and see if they agree before hand that it wouldn't be a problem
  • My fixed rate loan with Leeds Building Society expires in April and have to relocate for work then. Will I be able to both remortgage and obtain consent to let?
  • Can you help with a question...if consent to let is given by Leeds Building Society would it usually be subject to a time limit, such as 6 or 12 months?
  • Is consent to let a cost efficient way of renting out your property? Isn't this a loophole for some people to exploit?
  • I have a mortgage with Leeds Building Society but am wanting to rent my house out and move in with my fiance and baby what is required to obtain consent to let?