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.

Examples of recent questions relating to Principality Building Society consent to let

  • Me and my OH are presently one year into a year fixed rate mortgage with Principality Building Society. Ideally we would like to purchase a more substantial 2nd property in the next few months however would like to retain the first house and I was enquiring as to what reason we could put down on the consent to let application to obtain consent to from Principality Building Society
  • My plan is to move home. The query I have is whether consent to let will be granted on my house for me to then obtain a mortgage for the new house so I can effectively bid chain free and subsequently let my property out once I move. Will Principality Building Society issue consent to let for 9 months? Assuming the letting goes to plan is it possible for the consent to let time limit be continued?
  • I am a FTB in the process of trying to buy a flat. However I am potentially also going to be moving abroad in the near future. I have told this to my mortgage broker who has informed me as long as nothing has been signed or confirmed you can go ahead and apply for a residential mortgage with Principality Building Society. Once that's complete if it transpires that I need to move abroad he said can apply for a consent to let from Principality Building Society. Does that sound like the right advice?
  • Me and my wife have a flat in Hackney which we purchased as a new-build about eight years ago. As we've now got a young son we need a larger place. We've identified a house in Newham that we wish to buy and want to keep the flat as an investment to rent out. The mortgage is with Principality Building Society and we've found a tenant who will pay rent in excess of the monthly mortgage payment. The question is, can we hold onto the repayment mortgage with Principality Building Society so we effectively paying off our loan on the property or must we to transfer to a buy-to-let mortgage?
  • What information should I include in a letter seeking consent to let my house in Croydon? I would like to send a request to my mortgage provider Principality Building Society.
  • We want to move home and have found a house we wish to purchase so are considering letting out with consent to let from Principality Building Society for our existing property to allow us to place an offer and not lose the potential new property.
  • Is there a fixed or maximum term how long I could rent my home out to a family member with consent to let from Principality Building Society. I no longer want to live in the area and want to buy a new home?
  • One year into a mortgage with Principality Building Society due to work reasons need to move. Do you think I can get buy to let or consent to let.