Need Help?

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.

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

  • My husband and I are in possession of a mortgage offer from Monmouthshire Building Society, but we are running up against a serious block. My husband is a teacher in a boarding school, and as such living quarters is a benefit of the job. We wish to buy a one bedroom apartment to get on the ladder, and rent it out while we're based at the school. I had thought Monmouthshire Building Society would grant consent to let from day one of the mortgage. It is now looking as though I may not be granted consent to let. Can you give me any advice?
  • Last week offered a job abroad and considering whether it's a good idea renting my property out. Will Monmouthshire Building Society allow me to switch mortgage or issue me with consent to let? Should it not be available I will have to think about whether it's worth taking the job. I have no objection to paying more as it is likely that I will come back and live in my home after twenty four months. I'm not doing it to to make money. Just really like my property and wish to return to it at some point in the future.
  • My husband and I have just sorted our rates for another fixed five years with Monmouthshire Building Society. Some weeks later, I attended an interview and basically I accepted the job offer in Havering. I'm going to rent a one bed flat for the family in Havering as we don't wish to sell the house whist there is a chance that we come back before two years.... We really have no idea whether it will work out. We called Monmouthshire Building Society but we would like also your point of view please. How is it to receive consent to let in that case as we just got a fixed 5 years rate we really don't want to swap this.
  • The plan is to move in with my partner and I have let my property out to 2 students on a twelve month tenancy. The application for consent to let from Monmouthshire Building Society is in hand but what if they decline. I can’t renege on my contract in terms of not renting the students as the paperwork is finalised. On the other hand Monmouthshire Building Society could take me to court for contravention of mortgage condition i.e. renting it out in the absence of consent to let.
  • If I were to apply for consent to let from Monmouthshire Building Society how long will it take to hear back?
  • I want to purchase a new home but can't afford to sell my existing property with a Monmouthshire Building Society mortgage. Do you know acceptable terms for Monmouthshire Building Society to grant consent to let? Is getting married and having children a sufficient reason to to ask for consent to let?
  • We have a new mortgage however my girlfriend doesn't feel safe in the property due to other tenants in the block. I know that many lenders have a half year rule before consent to let - does this apply to all lenders. Is there any way Monmouthshire Building Society would allow it from day one?
  • I would like advice as to how to go about gaining consent to let from Monmouthshire Building Society and what, if any, fees apply.