Need Help?

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

  • My lender has placed me in a difficult predicament with a Consent to Let mortgage. Having sought consent to let the bank has requested evidence of an executed Assured Shorthold Tenancy before they will grant permission. Is is not the case that if I adhered to their request that I would be violating the terms of my existing mortgage?

  • I am looking to get a consent to let from Penrith Building Society as my personal circumstances have altered. My stepdaughter started college and I concluded that we would move to the area and decided to purchase a property as opposed to spend the money on renting. Since buying the house I have fallen out with my step daughter and she refuses to live in it. Since the whole idea was for her and the house location isn't so convenient for my work I would like to move out and let the house
  • I have found myself in the accidental landlord scenario and didnt inform Penrith Building Society. I had to vacate my flat for family reasons, so now rent in another part of the country. At first I attempted to sell the flat, but prices were low, which meant I was in negative equity. This was a couple of years ago in 2011, which has since seen the property price increase and has given me time to save. I am in now in a position where I could convert to a BTL mortgage and would like to remortgage at the same time. My concern is, will changing mortgage providers possibly alert Penrith Building Society that I have been letting without consent to let? I appreciate that I shouldn’t have done this, but circumstances forced my hand. Have I committed a criminal offence?
  • My partner and I intend to lease our maisonette out. We have put an offer on another property for us to purchase and have a tenant to move into ours. I assume I have to ask our mortgage provider Penrith Building Society for consent to let. Is there a standard consent to let request letter I can copy?
  • My mortgage company wont grant consent to let until I have a move in date confirmed with a tenant. How can I confirm this whilst lacking consent to let? I am not certain but I vaguely recall my friend had a similar issue with Penrith Building Society.
  • This is not a question specific to Penrith Building Society but do mortgage companies usually supply the information I need for my Buy to Let or Consent to Let self-assessment tax returns?
  • Can I get an interest only mortgage with consent to let when my current Penrith Building Society deal runs out December 21?
  • I have had my mortgage with Penrith Building Society for the previous eighteen months and I am at present just wanting some insight as to whether gaining a consent to let is likely.