Need Help?

Need professional advice for your consent to let with Newbury 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 Newbury Building Society consent to let

  • A friend of mine has been renting her house off the same landlady for nearly one and a half years. For the last year my friend has been receiving letters from Newbury Building Society (she hasn't opened them-it is clear from the envelope). Inititially she reposted them to her landlady's address. I was a bit suspicious as none of her landlady's mail was supposed to be going there. I decided to go to my friends house and phoned Newbury Building Society on her behalf. The gentleman I spoke to at Newbury Building Society had a long list of queries, the landlord’s name her current address, information on the tenant and then said they would investigate whether she had the appropriate mortgage and if she didn't it was an offence with no consent to let. Should my friend be concerned?
  • We purchased a property in 2008 on shared ownership basis, I own 50% via bank loan and rent the other percentage. In early 2014 I bought a new property. I rented out my first house and moved to my new home. I got consent to let from my lender and I believed I had consent to let from the housing association. Earlier this week I was contacted by the housing association advising they had nothing on record to evidence I had attained permission to sublet. What do I do now?
  • I would like to let my studio flat out from mid Nov next year as I will be going for a few months. I have a residential mortgage with Newbury Building Society. I will not be letting for more than six months. Most likely it will be 4-5 months. I have been told to get consent from my freeholder first? Please can you suggest what I should be doing in what order?
  • My partner called Newbury Building Society on last week concerning consent to let. He is expecting a returned call. We have placed an offer in on a ground floor flat that has been provisionally accepted so would like to know how likely it is that we will obtain consent to let with Newbury Building Society?
  • I'm soon to change mortgage provider to Newbury Building Society for a fixed rate but during this period would need to rent the flat out for approximately one year. Do Newbury Building Society consent to let on fixed rate mortgages and if so, what are the costs.
  • I took a standard mortgage with Newbury Building Society - about 40% equity. I am considering relocating for another job and was curious if Newbury Building Society are flexible in changing the mortgage to allow for consent to let?
  • How likely is it that I can keep my current homeowner mortgage with Newbury Building Society if I start renting out? If the consent to let is issued will they tie me into an increased rate?
  • Is it the case that a prior extension to a mortgage term with Newbury Building Society be held against us when we applied to Newbury Building Society for consent to let.