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.

Sample questions relating to Newcastle Building Society consent to let

  • Soon to be packing up as my wife and I are moving to Tokyoin Month, possibly temporarily but potentially longer term. I have contacted Newcastle Building Society for consent to let out the property (we have already found tenants). I have had a mortgage with Newcastle Building Society for Six years and there have been no arrears. Newcastle Building Society say, that even if they do agree, that this is a short term consent for 12 months. And then what?

  • I am just about to receive a mortgage offer from Newcastle Building Society for a freehold house. I have applied through Right to Buy. It is a 20 year mortgage. I am curious as to what is the main criteria Newcastle Building Society adopt in order to grant customers consent to let? Is consent to let based on the rental yield of a property?
  • We are planning to make use of equity in my current house to acquire an additional property which I propose to live in whilst I renovate it. I would like to let out my current property with the Newcastle Building Society loan. Is it likely that I would obtain consent to let? House is valued at £350 k with a £150k home loan in place.
  • Twenty years ago I was given consent by the local council and my mortgage provider Newcastle Building Society to convert a small barn into a granny annex, conditional on it not being sold separately from my property. My parents died some years ago and I would now like to lease it out with consent to let from Newcastle Building Society. Do you think this will be possible?
  • I'm having to move to Australia for a couple of years for my job but I don't want to switch my mortgage to BTL as the intention is to reoccupy it when I return. Do you know if Newcastle Building Society charges additional interest? Is there any work around?
  • If I am tied into a fixed rate with Newcastle Building Society but am thinking of letting out my property, is there a cost for consent to let from Newcastle Building Society and does the interest rate alter?
  • I have a mortgage with Newcastle Building Society at present and just enquiring if there any fees for obtaining consent to let
  • Just wanted to know what needs to be provided to Newcastle Building Society in order to get consent to let? I just finished a three year fixed mortgage and potentially moving to another apartment with my boyfriend.