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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

  • I'm planning to remortgage our old one bedroom apartment, currently tenanted with consent to let from Newcastle Building Society, onto a BTL rate as we are unlikely to be moving back into it now since we have our family home. So, I'm assuming I need a specialist financial adviser for this and I am not really au fait with what my options are. Are you able to offer any advice on a good broker service specialising in BTL?
  • Is it possible to switch a standard mortgage with Newcastle Building Society to a consent to let. It will be less than 55% loan to value and it would alter from capital and interest repayment to interest only?
  • I am may soon need to apply for consent to let from my existing mortgage lender Newcastle Building Society. A friend of mine said that she was issued with ‘consent to let’ confirmation from a different lender where it stipulated that the tenancy granted must be in the form of an AST. Can you explain what this is?
  • My partner and I would like to be informed of what the criteria is for Newcastle Building Society for consent to let. I have come across different suggestions in relation to fees and rates. I need to relocate for career reasons but I don't want to sell the property due to a difficult market.
  • Would I be able to remortgage to Newcastle Building Society from my existing lender, with a consent to let or do I need a let to buy homeloan, and if so what are the LTV's?
  • I have tenants ready to move in and I have mortgage offer from Newcastle Building Society on new house on condition of consent to let for original house. How long should it take to receive letter once I send back a completed application with cheque.
  • I would like to know if I have a domestic mortgage with Newcastle Building Society and decide to rent it out, does the rate get jacked up and are there any additional charges for applying for consent to let.
  • One year into a homeloan with Newcastle Building Society due to work reasons need to move. Is it possible to get buy to let or consent to let.