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.

Frequently asked questions relating to Principality Building Society consent to lease

  • I vacated my flat about six months ago but didn't get around to get a consent to let letter, partly because the mortgage fix rate period is ending in six weeks and I am thinking about a remortgage anyway. I want to ask for consent now, is that going to be forthcoming?
  • I am planning on acquiring a property, letting two of the bedrooms out in order to cover the mortgage with Principality Building Society, and then moving on in two or three years - when the property would be entirely rented. How likely is it that Principality Building Society would frown upon this as I will have been given a non-commercial homeloan rather than a B2L or consent to let? I've heard that in extreme situations they can repossess the property, is this correct?
  • I have been in the Royal Air Force for six years and planning to acquire a home with a Principality Building Society mortgage. I would like to get consent to let the house to my sister. In years to come I would live in the property with my family when my military career comes to an end. Is this feasible?
  • Just a quick question as a bit in the dark and wondering whether Principality Building Society conduct any checks when obtaining a resi mortgage, I'm ideally looking to rent the property out and am in two minds as to whether I should apply for consent to let. How likely are they to find out if I lease the place out?
  • If we request a consent to let letter by Principality Building Society will we be made to change to buy to let mortgage? Our mortgage is with Principality Building Society and as properties are not selling at the mo and we have seen one we like we were going to rent our home out in order to acquire the new and sell this one when the market picks up.
  • I have a domestic mortgage with Principality Building Society and with my circumstances changing massively in the last six months, can I obtain consent to let. What changes will affect me?
  • I am looking to Principality Building Society to issue me with consent to let out my basement flat in Southwark. I am moving in with partner, cant sell property
  • I have a letter to Principality Building Society requesting consent to let signed and ready, but I'm not sure what address I should mail this to. Can you please help me with the address?