Consent-to-let Help for Barnsley Building Society (Yorkshire Building Society)

Top Five Questions relating to Barnsley Building Society consent to lease

• Please explain "consent to let" to me? I live in a 1 bed apartment and its in good condition. It has been on with agents for two months and I have had very few viewings. This is probably due to an longstanding dispute with the guy next door. I was obliged to put it on the disclosure form. I am with Barnsley Building Society on a standard variable rate. Someone mentioned I should obtain consent to let from Barnsley Building Society and lease the flat for a couple of years.
• We have an existing mortgage with Barnsley Building Society and need clarify if it would be possible to gain consent to let out our one bedroom apartment in Greenwich.

  The purpose for wanting to find tenants for the property are are due to: -

  • Me and my wife will be moving to Cape Town early next year.
  • In letting out the house this will enable us to make some savings to assist with the migration process.
  • There is little merit from a financial perspective to pay off the mortgage for a property which we are no longer residing in and by leasing out the property this would be deemed as continuing investment.

  If Barnsley Building Society agreed that we are able to proceed with renting we would propose some financial assurances to include: -

  • Continue to pay the monthly mortgage payment directly from my current account.
  • Retain the services of an approved letting agent who will provide a rent guarantee scheme as a further financial protection.
  • Provide our contact details for when we emigrate.
• My plan is to let my three bedroom first floor purpose built flat out from the end of June next year as I will be travelling for a few months. I have a homeowner mortgage with Barnsley Building Society. I will not be letting for more than four months. Most likely it will be 4-5 months. It has been suggested that I get permission from my freeholder first? Please can you advise what I should be doing in what order?
• My partner are locked into a fixed rate mortgage with Barnsley Building Society for two yrs and have been living in the flat for nearly eighteen months. Due to work I need to move so I would like to lease the property out. What is the best way to go about getting consent to let from Barnsley Building Society?
• Just curious as to whether it is possible if you own one property with consent to let from Barnsley Building Society, to purchase another with a homeowner mortgage to live in. Then once the consent expires on the first property, to convert to buy to let or sell it?
• I have a question I'd like to ask...if consent to let is granted by Barnsley Building Society would it usually be restricted to a time limit, such as one year?
• I would like some guidance on how best to approach my mortgage lender Barnsley Building Society regarding a 'Consent-to-Let' application. Is this a task you can offer guidance on ?
• Me and my OH and I need to lease out my flat to be nearer to my son’s college and look after of my father. How long will the consent to let take to get from Barnsley Building Society? a month?