Need Help?

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

Questions and Answers: Nationwide Building Society consent to let

  • What options are open to me if my application to obtain consent to let is subsequently refused by Nationwide Building Society?

  • What is the process for obtaining consent to let from Nationwide Building Society? What documents do they ask for? is there a fee to pay? How long the consent is valid for? Do I need to renew it every year? What if I obtain a consent but decide not to let out the property?
  • How much does it cost to get consent to let from Nationwide Building Society and is there a minimum amount of time I should have had the mortgage for?
  • The likelihood is that I will have the opportunity to work overseas in a couple of years. I am therefore possibly scaling down to a newer flat in Enfield which I could rent out more easily when the time comes. The intention is to keep half the equity in the new apartment which would be my home for a while. My existing lender will only issue consent to let for a year. I expect to be renting it out longer term and not having consent could result in a whole host of legal issues. Buy-to-let seems wrong given that I will be living there, perhaps for 2-3 years initially. What type of mortgage do I ask for, and from which lender? Would, for example, Nationwide Building Society provide consent to let for a longer period?
  • We have already let but only just realised Nationwide Building Society should've been informed and consent to let applied for - can consent be obtained retrospectively?
  • I have a domestic mortgage with Nationwide Building Society - 32% equity or thereabouts. I am considering relocating for another job and was enquiring if Nationwide Building Society are flexible in changing the mortgage to allow for consent to let?
  • I am after more information in relation to consent to let home loans, potentially switching our existing mortgage with Nationwide Building Society across to a consent to let one.
  • About to remortgage my property but will likely be moving out in the next year and would be looking to let it out. How quickly can you get consent to let from Nationwide Building Society?