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.

Common questions relating to Principality Building Society consent to lease

  • I have a standard mortgage over my residence in loc and am due to relocate to country for two years. During this period it makes financial sense to let out my apartment. My bank will not provide me with consent to let. I don’t really want a buy to let loan as it’s only for a short period that I am going away for.

  • I have been letting out my flat with "consent to let" from Principality Building Society on a standard mortgage for the previous two years. Principality Building Society have just written retracting their consent to let unless we transfer to one of their "buy to let" mortgages.

  • My brother and I jointly own a property in Bexley with a Principality Building Society mortgage. I am looking to move on and buy a new property with my fiancee. How do I deal with leasing out my room? Would I need consent to let from Principality Building Society. My brother will remain in the apartment
  • I have a self contained flat attached to my house that my father is planning to move out from. As the main house is large I was considering moving into the annex and let the remainder out. This is also due to change in my personal situation. Would I need a consent to let from Principality Building Society?
  • My wife and I have a Principality Building Society home loan currently and potentially wish to let it out for a limited period of time with consent from Principality Building Society for (two years). How long do you have to wait until you apply for consent to let??
  • Would I be able to remortgage to Principality Building Society from my existing lender, with a consent to let or do I need a let to buy loan, and if so what are the LTV's?
  • I are considering applying to Principality Building Society to obtain consent to let our property, how long does it take between submitting the application to us finding a letting agent and listing our house for rent? and are there any other steps in the process?
  • I could potentially need consent to let from Principality Building Society in the future with work. I am just exploring what the options would be if this was the case. Is there a limit on how long you can let out a property with consent?