Need Help?

Need professional advice for your consent to let with Swansea 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 Swansea Building Society consent to let

  • My husband and I were planning to purchase a garden flat with 10% deposit with the aim of living there. However in the next two years the in-laws plan to live abroad Should we proceed with a residential mortgage with Swansea Building Society would we likely encounter any difficulties with switching to consent to let ?
  • I have recently sought consent to let from Swansea Building Society, but it would be useful to know if they impose any stipulations on the level of rental yield?
  • At present I have a homeowner mortgage with Swansea Building Society. I have been offered a home as part of my job and want to rent out my existing home. My mortgage advisor seems confident that it is a formality. Are you able to provide me with some information please?
  • We have an existing mortgage with Swansea Building Society and need clarify if it would be possible to receive consent to let out our studio flat in Redbridge.

    The rationale for wanting to let out the property are are due to: -

    • My wife and I will be relocating to Melbourne early next year.
    • In renting out the property this will facilitate savings to support the migration process.
    • It would be pointless from a monetary point of view to pay outright for a property which we are not residing in and by letting out the home this would be viewed as continuing investment.

    If Swansea Building Society granted permission to us for renting we would propose some financial commitments to include: -

    • Maintain paying the monthly mortgage payment by direct debit.
    • Use an accredited letting agent who will provide a rent guarantee scheme as a further financial protection.
    • Provide our forwarding address for when we move.
  • I am looking for consent to let for my house as I am moving out for nine months currently fixed Swansea Building Society mortgage with three years which is up on July next year.
  • I want to apply for consent to let from my mortgage provider Swansea Building Society to let out my property. I am potentially moving in with mypartner. Do Swansea Building Society allow consent to let in this scenario?
  • Just wanted to know how to precure a consent to let from Swansea Building Society who I have a mortgage with. There is an outstanding balance of 87k. The value of property is 220k. Property is in my name but my wife and I would like to purchase a maisonette in Waltham Forest we have seen together. How do we go about this?
  • Seven weeks ago I completed my mortgage with Swansea Building Society since when my boyfriend has proposed and we are deciding whether to reside in his house or mine. Would I be granted consent to let if I decided to move into his property