Need Help?

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.

Common questions relating to Leeds Building Society consent to lease

  • I’d appreciate your advice if you have had experience requesting Consent to Letforfor less than a year from Leeds Building Society or whether you have any advice as to how such consent is granted.

  • Within the next few days I intend to contact Leeds Building Society for consent to let out my house in Leeds Building Society. However the property has been on with agents for 5 weeks but there without a sniff of interest and forking out for a full mortgage, council tax and insurance on an empty house is a financial drain. How are Leeds Building Society going to react if I have the house on the market?

  • I am interested in finding out more about the conditions customers have to meet before consent to let from Leeds Building Society is granted. Are there any restrictions on who can be issued with consent?
  • I am a letting agent. Where a landlord chooses to lease out their house without consent to let from Leeds Building Society - what liability do I have, if any? My guess is that the landlord isn't breaking the law, however, they would be breaking their agreement with the Leeds Building Society, as Leeds Building Society most probably need to be informed of any change in circumstances. If I look the other way could I be storing up problems for myself?
  • Will Leeds Building Society choose to operate a right to change the rates on a homeowner mortgage where Consent to Let at any time, onto ‘rates equivalent to their Buy to Let range'? Is it possible to refinance on a consent to let with Leeds Building Society?
  • Was wondering how to obtain a consent to let from Leeds Building Society with whom I have a mortgage with. There is a remaining balance of 57k. The value of flat is 220k. Property is in my name but my wife and I would like to purchase a one bed flat in Islington we have seen together. How do we go about this?
  • Does my LTV need to be at a certain level to allow me to apply for a consent to let from my mortgage provider Leeds Building Society. Will any consideration be given to the fact that I only drew down on the mortgage four months ago?
  • How likely is it that Leeds Building Society force me into a consent to let product whilst in a fixed rate product for twenty four months?