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

Recently asked questions relating to Monmouthshire Building Society consent to lease

  • I found tenants for my property last year and didn't tell Monmouthshire Building Society. I have a three year domestic mortgage (large amount of equity in it, never defaulted) and want to let Monmouthshire Building Society know and get consent to let for the final two years of my mortgage . I am unsure how to go about this.
  • Our existing property in Bromley has probably about £80K equity with a mortgage with Monmouthshire Building Society. It's a 3 bed house in a popular location and I think it would rent easily. We are probably moving for my partner’s work and were thinking of keeping this house on as an investment property - should we be swapping the mortgage to a B2L product or should we request consent to let from Monmouthshire Building Society?
  • I are looking to rent out our ground floor flat in Hillingdon in August. I would like some advice on what I need to do. I've just moved our Monmouthshire Building Society mortgage to a fixed term and just need to understand the process and what information I'll need to get consent to let.
  • How many months after taking out a new mortgage do I have to wait before I can seek consent to let from Monmouthshire Building Society? By way of background I bought my flat in Westminster nearly two years ago and am currently on a three year fixed rate. Not long after I met a guy and plan to move in together. I intend to get a better fixed term next June. I presume that I would have to hold off for at least 6 months before I could apply for consent to let. Is that right?
  • My fixed rate loan with Monmouthshire Building Society ends in April and have to move with work soon after. Will I be able to both remortgage and get consent to let?
  • I recently completed on a garden flat in Bromley. I am a FTB. I am moving Paris next month, can I get consent to let from my lender Monmouthshire Building Society or do I have to wait six months?
  • My wife and I may want to lease our home temporarily due to a new job. This will be for a limited period but no more than twoyears. Should I tell Monmouthshire Building Society or do I keep quiet?
  • We are considering a remortgage offer with Monmouthshire Building Society and it's likely I will require consent to let at some point in the fixed period. Are there any fees I should that may be applicable?