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

  • My better half and I are moving to Germanyin Month, initially for a little as 9 months but it could be longer term. I'm in the process of writing to Principality Building Society to obtain consent to let out the property (we have already found tenants). I have had a mortgage with Principality Building Society for 7 years and I am up to date with payments. Principality Building Society say, that even if they consent to the letting, that this will be a temporary arrangement for 12 months. Do I then need to reapply?

  • Last week provided with a job opportunity overseas and wondering if it's a good idea renting my property out. Will Principality Building Society allow me to change mortgage or issue me with consent to let? If not I will have to think about whether it's worth taking the job. I have no objection to paying an increased amount as I intend to come back and live in my home after 1 to 3 years. My agenda here is not to to make money. Just really like my property and want to return to it one day.
  • Last month I received consent to let on a domestic homeloan with Principality Building Society with aim of moving to a BTL rate when the fixed term ends in a few months' time, so I'm uncertain if this adds to the complexity of the issue! Any information much appreciated.
  • I have an existing Principality Building Society loan on a property from 2000. Fast forward and I have got married and live in my husband’s home. My property is currently empty and we either need to sell or have someone occupy. Obviously this could be a long term agreement as I can't see me move back in. What should I tell Principality Building Society with a view to obtaining consent to let?
  • How much is it to get a consent to let from Principality Building Society on my residential property. Last week I moved in with my wife and have a family member wanting to let out the property.
  • I have a residential mortgage with Principality Building Society, and I would like to lease the flat out, until I decide whether to sell or hold on to it as an investment. At the moment I am on the fixed rate. Will I need to move onto a new mortgage? I.E. buy to let?
  • I have fixed rate mortgage with Principality Building Society. I am going have to rent out my property due to necessity. Were I to apply for consent to let, will I have to pay a lot more interest?
  • I was just wondering if there are any charges in obtaining consent to let on a freehold property when I have a mortgage with Principality Building Society