Need Help?

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

Newcastle Building Society consent to let: Q and A’s

  • We purchased a house in 2011 for just under 200,000 with Newcastle Building Society. My husbands career requires that we move to Belgium and now wish to request consent to let from Newcastle Building Society. Will they grant consent?

  • What options are open to me if my request to obtain consent to lease is subsequently refused by Newcastle Building Society?

  • Am with Newcastle Building Society and wonder if I am required to notify them if we no longer live in my house. I fear that they may up the interest rate if we move and find a tenant but it's far from apparent what the increase would be. Should I decide to rent my house out and apply for consent to let how would the payments change?
  • We are planning on purchasing a property, letting two of the rooms out to help cover the mortgage with Newcastle Building Society, and then moving on in two or three years - when the property would be fully rented. How likely is it that Newcastle Building Society would frown upon this as I will have been granted a non-commercial mortgage as opposed to a B2L or consent to let? I've read that the worst case scenario is that they can repossess the property, is this true?
  • I have split up with my ex and we have each moved into our parents house and plan to divorce. What do I have to do to get Newcastle Building Society to give consent to let the property out to students?
  • We have a mortgage with Newcastle Building Society at the moment and just wondering about the processes of getting a 'consent to let'
  • My work commitments are changing and this could result in mebe in different places a lot and in the circumstances I wish to understand the process for seeking consent to let with Newcastle Building Society
  • Do you know whether Newcastle Building Society will accept rental income on consent to let for affordability purposes or does it need to be on a buy to let ? Would Newcastle Building Society let me raise capital based on the rental revenue ?