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.

Nationwide Building Society Consent to Lease Example Support Desk Enquires

  • We have an existing mortgage with Nationwide Building Society and wish to clarify if it would be possible to seek consent to let out our garden flat in Harrow.

    The purpose for wishing to find tenants for the property are are due to: -

    • My wife and I will be relocating to India early next year.
    • By letting out the property this will enable us to make some savings to support the migration process.
    • It would be pointless from a financial perspective to redeem the mortgage for a property which we are not residing in and by letting out the home this would be viewed as an ongoing investment.

    If Nationwide Building Society agreed that we are able to proceed with renting we would suggest some financial assurances which are as follows: -

    • 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 details for when we emigrate.
  • Last month I received consent to let on a non-commercial homeloan with Nationwide Building Society with the intention of changing to a B2L rate when the fixed rate expires within the next months, so I'm not sure if this complications to the issue! Any recommendations gladly appreciated.
  • How long must you own a property before consent to let with Nationwide Building Society would be given? I bought my house with a Nationwide Building Society mortgage last June.
  • Resulting from a change in personal circumstances my husband and I are housesitting my parents house while they are away and letting our flat out. We are going to need for consent to let from Nationwide Building Society. Will this be granted? We will need to remortgage in the next year will we then have to move to a BTL product. We intend to return to our flat at within the next nine months?
  • I want to apply for consent to let from my lender Nationwide Building Society to let out my property. . Do Nationwide Building Society allow consent to let in this scenario?
  • I would like to rent out my home for 3 years max. How do I go about getting consent to let from Nationwide Building Society who I have a mortgage with?
  • I would like some guidance on how best to approach my mortgage lender Nationwide Building Society regarding a 'Consent-to-Let' application. Is this a task you can assist me with ?
  • I am planning on relocating inside the next six months and want to lease my house out. My current rate is fixed with Nationwide Building Society. I am worried a rate hike would be too much if that was a condition of obtaining consent to let