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.

Recently asked questions relating to Newcastle Building Society consent to lease

  • Can Newcastle Building Society activate a right to increase interest rates on a residential mortgage where the lender has granted Consent to Let at any time, onto ‘rates akin to their BTL range'?

  • My flat has a mortgage against it with Newcastle Building Society and I have been renting the property without consent to let, making me in contravention of my mortgage conditions. They may have suspicions that I am not residing there. What negotiating options are available if I don't sell it before they are on notice that I have breached my Ts and C’s?
  • I have let out my three bedroom second floor purpose built flat in Camden for the previous two years, and I had not appreciated that I had to have consent to let. I now want to rectify this. Would this be an issue?
  • My husband phoned Newcastle Building Society on last week regarding consent to let. We are awaiting a call back. We have put an offer in on a two bedroom ground floor purpose built maisonette that has been provisionally accepted so we need to know how likely it is that we will get consent to let with Newcastle Building Society?
  • Are you able to give me some preliminary help re consent to let? We have a mortgage with Newcastle Building Society and are considering leasing the place out for a couple of years, but cannot really afford to convert to a buy to let mortgage. Is consent to let an alternative to to switching to a buy to let rate?
  • I was just looking into consent to let as it's something potentially I require from Newcastle Building Society inside the next year. Our marital situation has changed, and I wish to let my property out
  • We have a mortgage with Newcastle Building Society and would be thinking about purchasing another main residence and then subsequently renting our current property out. Do I need consent to let from Newcastle Building Society?
  • About to remortgage my house but will likely be moving out in the near future and would be looking to lease it out. What would I need to do to get consent to let from Newcastle Building Society?