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Need professional advice for your consent to let with Chelsea Building Society (a trading name of Yorkshire BS)? There are various implications when it comes to letting out your property with an existing residential mortgage - you should seek professional assistance.

Questions and Answers: Chelsea Building Society consent to let

  • I would like to move and let out my studio flat in Westminster. Having bought it in summer 2008 and presently on a high ltv there is little equity in it. My mortgage is with Chelsea Building Society. Do you know where Chelsea Building Society stand on consent to let?
  • What is the procedures for obtaining consent to let from Chelsea Building Society? What evidence do they need? is there a fee to pay? How long the consent is valid for? Do I need to renew it every year? What if I obtain a consent but decide not to rent the property out?
  • My house had been tenanted for three years between 2010-2013 while employed Amsterdam. I have a letter dated January 2010 from my mortgage company granting consent to let. In the letter it explicitly states that the consent to let is valid for "the remaining term of the mortgage". I have not refinanced since the letter was sent. I now plan to move house and rent out my existing house. However, my IFA has suggested that the 2010 consent to let letter may not be sufficient for the new lender Chelsea Building Society for the house I wish to buy.Your view would be appreciated
  • I have a three bed flat in Greenwich which I inherited in 2007 and which I have since remortgaged with Chelsea Building Society on a fixed rate which ends next April. If I want to rent out the property whilst I go travelling what do I need to do and is there a time limit? Are there any other consequences when seeking consent to let?
  • Just wondering if if consent to let would be forthcoming from Chelsea Building Society enabling me to move back to my mother and father for a year or two and save the cash on the lease extension for my flat?
  • I am just finding out some information at this stage. My boyfriend has asked me to move in with him and I have been trying to sell the flat but have had no luck whatsoever despite several decreases in price. So now I want to know what I would need to do to get consent to let from Chelsea Building Society
  • Are you able to advise me how much the fees are and if Chelsea Building Society typically issue consent to let without switching to a commercial rate?
  • I got a residential homeloan with Chelsea Building Society. I purchased the property in November last year. What are the options and criteria for consent to let.