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

National Counties Building Society consent to let: Q and A’s

  • Can National Counties Building Society activate a right to increase interest rates on a homeowner mortgage where Consent to Let at any time, onto ‘rates akin to their Buy to Let products'?

  • My partner and I will move back to Dubaiin Month, initially for a little as 9 months but conceivably longer term. We have just applied to National Counties Building Society to obtain consent to let out the property (we have already found tenants). I have been with National Counties Building Society for three years and the account is up to date with no current arrears. National Counties Building Society say, that even if they do agree, that this will be limited for 12 months. After the year is up what happens next?

  • Can you explain "consent to let" to me? I live in a studio apartment and its in good condition. It has been on with agents for two months and I am struggling to sell. This is because my neighbour is noisey. I was obliged to mention it on the disclosure sheet. I am with National Counties Building Society on a fixed rate. It has been suggested to me that I should seek consent to let via National Counties Building Society and lease the property out.
  • I have been in the Royal Air Force for three years and planning to purchase a house using a National Counties Building Society mortgage. I would like to get consent to let this property to my parents. In years to come I plan to reside in the property with my wife and kids when my military career comes to an end. Is this achievable?
  • Can you help me understand what are acceptable reasons for leasing a property when it comes to seeking consent to let from National Counties Building Society? Can you help?
  • My marital situation has changed, and I would like to lease my home out - meaning consent to let- I have about £200K loan with National Counties Building Society and currently 85k equity I need to avoid the early repayment fees.
  • My OH and I have a mortgage with National Counties Building Society and would be thinking about buying another main residence and then subsequently leasing our current property out. Would I require consent to let from National Counties Building Society?
  • How likely is it that National Counties Building Society force me into a consent to let product while I'm in a fixed rate product for twenty four months?