Need Help?

Need professional advice for your consent to let with Mansfield Building Society? There are various implications when it comes to letting out your property with an existing residential mortgage - you should seek professional assistance.

Examples of recent questions relating to Mansfield Building Society consent to let

  • I have a residential Mansfield Building Society mortgage and am keen negotiate a consent to let as I wish to move to another apartment that I own. It would appear that might be able to assist. Do you charge for this service?
  • I previously got consent to let from Mansfield Building Society in 2013 but failed to need it and have since remortgaged to another mortgage provider. I recently sought for consent to let. I was informed that it would be forthcoming since their requirements were met. Yet recently received a letter informing me that I must provide evidence from the DWP indicating that that are aware of my current situation before they can provide authorisation. They said this is policy but I have not been able to find these T&Cs on their site. I did complain about the insinuation that I might intend to continue to claim help with interest from the DWP whilst receiving rental on the property. They apologised and offered to deposit £40 in my account . However i still am unable to locate this term and condition and i feel this is otherwise inappropriate I want to let my property as a way of releasing me from redress to social benefits not in order to discontinue claiming
  • I have a current mortgage contract with Mansfield Building Society and need clarify if it would be possible to gain consent to let out our studio flat in Westminster.

    The reasons(s) for wishing to find tenants for the property are as follows: -

    • My wife and I will be moving to Hong Kong next spring.
    • By letting out the property this will facilitate savings to help the migration process.
    • There is little merit from a fiscal point of view to pay outright for a property which we are not living and by letting out the place this would be viewed as continuing investment.

    If Mansfield Building Society granted permission to us for renting we would propose some financial assurances to include: -

    • Continue to pay the monthly mortgage payment by direct debit.
    • Instruct an approved letting agent who will provide a rent guarantee scheme as a further financial protection.
    • Provide our forwarding address for when we move.
  • I purchased a 2 bed flat in Redbridge one year ago and have a three year fixed rate mortgage with Mansfield Building Society. Looking to move in with my fiance next month and wish to lease out my property. Just want to know the process.
  • Can you help me understand what are acceptable reasons for leasing a property when it comes to seeking consent to let from Mansfield Building Society? Can you assist?
  • I’ve already let but only just dawned on us that Mansfield Building Society ought to have been advised and consent to let sought - can consent be obtained retrospectively?
  • I might be looking to let out my property and wondered what I would need to do to get consent to let from Mansfield Building Society. I may be moving abroad for a year.
  • What, if any, income criteria do Mansfield Building Society set for consent to let on an existing homeowner mortgage?