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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.

Recently asked questions relating to Principality Building Society consent to lease

  • I currently let out my flat in Ealing. I didn't apply for consent to let. I moved to Aldershot for work relocation purposes and was unable to cope with the traveling but was worried that Principality Building Society would charge me an arm and a leg so I decided to take the risk. I'm hoping to do the right thing now... basically carry on letting it but with consent. Can you offer any advice as to how I go about doing this?
  • I am contacting you on behalf of a relative who has a mortgage with Principality Building Society. He asked me to find out if there is a charge for granting consent to let? He has been offered a job 200 miles away and wishes to rent out his place in the interim.
  • I would like to let my current residence and want to acquire a larger house for the family. I have a fixed rate mortgage with Principality Building Society. On the basis I get the consent to let as I understand banks are more than likely to push me towards getting BTL mortgage when the fixed term is finished. Could I refinance after a couple of years with an alternative lender? Will it have to be buy to let mortgage and not a domestic mortgage?
  • Me and my husband a house in Leeds and will be relocating to Kent at the beginning of January. I have a letting agency and tenant now. I was planning to leave everything as it stands as I'm concerned Principality Building Society will insist that I change my mortgage rate over to a buy to let which is not economically feasible. I would like to obtain a consent to let via Principality Building Society but am afraid if I open Pandora's box it would lead to no end of problems
  • My partner is in the process of purchasing a new property in Brent and is getting a good deal as it requires some work done. We want to rent our current property for two years and then return. Will I be given consent to let by Principality Building Society?
  • Can I get an interest only mortgage with consent to let when my current Principality Building Society deal runs out April 26?
  • Just wanted to know what needs to be provided to Principality Building Society in order to get consent to let? I just finished a three year fixed mortgage and possibly moving to another property with my partner.
  • I am fixing my homeowner mortgage with Principality Building Society but as a result of my job I might have to live abroad for a couple of years. Will Principality Building Society allow and give consent to let and will any penalties be applied in such a situation