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

  • Will Principality Building Society activate a right to change the rates on a regular mortgage where Consent to Let at any time, onto ‘rates in line with their BTL products'?

  • I completed on a property a year ago with a Principality Building Society home loan but want to put my flat up for rent. I want to move into a house as our kids are growing up and a 1 room residence is not big enough - plus if I rent it out I can save some money. Will Principality Building Society issue consent to let?
  • My fiance and I might have to lease out her apartment, and I have a question regarding obtaining permission to do so. I know I need to notify Principality Building Society and get a consent to let or move across to a BTL mortgage. Given that the property is leasehold do we have to get consent to let from the management company?
  • We are in need of a larger house so our kids don't have to bunk together. We are planning to purchase another house in the near future. The house is estimated to be worth £155,00 and we have about £85k remaining on the Principality Building Society mortgage. We would ideally like to keep this house as an investment property and rent it out with consent to let. Can you have a mortgage on two properties at the same time or do we need to fully pay off our current mortgage first?
  • I would like consent to let on my Islington maisonette from Principality Building Society. I will be leaving the UK for a year so wish to know if I am able to let my apartment
  • My Principality Building Society mortgage fixed rate ends in April and have to relocate for work then. Is it likely that I be able to both remortgage and get consent to let?
  • I have acquired a apartment using a Principality Building Society mortgage. However I am presently living with parents. I don't want to move in until September 2017 due to personal reasons. In interim can I lease out the property with consent to let?
  • Is there a set or maximum term how long I could rent my house 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?