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

  • Exciting times as my partner and I intend to relocate to Beijingin Month, possibly for a little as 9 months but it could be longer term. We have just applied to Principality Building Society for consent to let out the property (we have already found tenants). I have been with Principality Building Society for three years and the account is up to date with no current arrears. Principality Building Society advise, that even if they give permission, that this will be limited consent for 12 months. After the year is up what happens next?

  • What options are open to me if my application for consent to lease is subsequently refused by Principality Building Society?

  • My niece is going to work abroad for three years and wants to lease her apartment out. She has a Principality Building Society fixed rate mortgage on repayment and wants consent to let the property as well as switch to interest only. What does she need to do?
  • I have a garden flat in Sutton let out which has a 62 year lease. Mortgage adviser said I should remortgage (currently with Principality Building Society) as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income would give me a budget of £210k. Limited available in Enfield for me to get my own place. To extend the lease will cost 19k. Should I keep or sell the flat?
  • I want to take in in a lodger for my maisonette in Wandsworth which I live in. My mortgage is with Principality Building Society. Will they grant consent to let?
  • Principality Building Society - consent to let potential. Are you able to advise on the process with this lender? Do they have a minimum period prior to changing to this and a minimum LTV?
  • I am thinking about moving in with my boyfriend but prefer not to sell my place. How do I go about requesting consent to let from Principality Building Society, and what are the chances that this will be given?
  • Last month bought my home and took out a mortgage with Principality Building Society but my boyfriend has asked me to move in with him. Would I be allowed consent to let?