Consent-to-let Help for Skipton Building Society

Skipton Building Society Consent to Lease Example Support Desk Enquires

• Frank (my fiance) and I may need to rent out our Harrow home for a while due to a new job. This will be short-term but perhaps for 4 years. Should I tell Skipton Building Society or do I just keep quiet?

• My fixed rate expires early next year and I'm planning on fixing for another 4 years with Skipton Building Society, hopefully rates will still be low. In in next couple of years I might want to move temporarily to a different city. How difficult is it to get consent to let by Skipton Building Society in these circumstances? I would be returning after two years to reside in my property.
• We have an existing mortgage with Skipton Building Society and need clarify if it would be possible to seek consent to let out our ground floor flat in Southwark.

  The rationale for wishing to let out the property are as follows: -

  • My family and I will be moving to India early next year.
  • In renting out the house this will enable us to make some savings to help the migration process.
  • It would be pointless from a monetary perspective to discharge the mortgage for a property which we are no longer residing in and by renting out the place this would be deemed as an ongoing investment.

  If Skipton Building Society agreed that we are able to proceed with renting we would propose some financial assurances which are as follows: -

  • Maintain paying the monthly mortgage payment directly from my bank account.
  • Instruct an approved letting agent who will provide a rent guarantee scheme as a further financial protection.
  • Provide our forwarding address for when we emigrate.
• I have a property in Hounslow with a Skipton Building Society mortgage but I no longer reside there. My brother moved in but pays no rent. I currently live in rented premises and am looking to purchase a house. I have identified a perfect property at reasonable price. I have sufficient for a deposit to use on the house I am interested in but would find it difficult to pay enough off the old property to switch it to a buy to let mortgage at the same time. Can I transfer the current Skipton Building Society mortgage for my old property into a consent to let and use my reserves to pay a larger deposit for the domestic mortgage on the property that I am looking to purchase?
• What is the longest period that Skipton Building Society is willing to issue Consent To Let for?
• I have a homeowner mortgage with Skipton Building Society which is only 6 weeks in but I have been moved abroad with my job. How easy is it to get consent to let from Skipton Building Society for a mortgage that has only recently commenced and I have just purchased the property?
• I would like to lease out my house to be nearer to my son’s uni and look after of my mother. What do I need for the application of consent to let from Skipton Building Society?
• I'm mulling over a remortgage offer with Skipton Building Society and it's likely I will need take advantage of any consent to let option if available at some point in the fixed period. Are there any charges I should that may be applicable?