Need Help?

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

  • Just wondered if Principality Building Society activate a right to increase interest rates on a regular mortgage where the lender has granted Consent to Let at any time, onto ‘rates equivalent to their BTL products'?

  • Due to problems with the area we live in (it's rough!), we now want to move. As selling the flat will trigger a hefty early repayment charges to Principality Building Society of £5000, we considered that it would best to rent it out. In the circumstances we need consent to lease from Principality Building Society only a year. Will Principality Building Society grant consent?

  • Within the next few days I intend to apply to Principality Building Society to obtain consent to let out my house in Principality Building Society. However the property has been on with agents for 5 weeks but there is no interest and forking out for a full mortgage, council tax and insurance on vacant house is hurting financially. What position would Principality Building Society take if I have the house on the market?

  • A colleague recently sought CTL from the Woolwich which they declined because the mortgage had not been going for even half a year. I am about to request consent to let from Principality Building Society. Will they adopt the same rule?
  • I am considering moving overseas for work and would like consent to let from Principality Building Society whilst I am away. Is the way forward to complete the consent to let form and mail it to Principality Building Society? Letting the property isn't to make money but to keep the house in case things don't turn out as well as we hope
  • If I were to apply for consent to let from Principality Building Society how long does it take to get consent to let after you apply to Principality Building Society. ?
  • I would like to lease out my house to be nearer to my son’s uni and take care of my mother. How long will the consent to let take to get from Principality Building Society? a month?
  • We have four months to remaining on a 2 year residential mortgage with Principality Building Society but now rent the property out. is it safe to assume they will simply charge a flat fee for consent to let?