Consent-to-let Help for Chelsea Building Society

Chelsea Building Society consent to let: Q and A’s

• What information do Chelsea Building Society need to to determine whether to grant consent to let. I am on a five year fix with them. I have always been on time with my monthly payments. I am looking at moving to the countryside due to the family getting bigger. My financial circumstances have not changed and in fact my annual income has increased by 15% since I applied for the mortgage out.
• Is it legal to rent out our property in the absence of consent to let from our mortgage provider? I know that initially we signed a contract stating it wouldn't be a buy to let property and that we are not the owners of other property. I know you can't use H2B if you owned other property at the time, but what about property after the event? Can you purchase a further property, or inherit a property?
• Last month I received consent to let on a normal loan with Chelsea Building Society with a view to transferring to a B2L rate when the fixed rate expires within the six months, so I'm unclear if this complications to the issue! Any advice gladly appreciated.
• I applied for consent but I did not get it as I did a remortgage in September but Woolwich does not give consent if mortgage is less than 6 months old. Now I am worried when 6 months is gone are they going to find some other criteria that will not be ok. On the other hand I can remortgage with Chelsea Building Society but will they give me consent straight away?
• If we request a consent to let letter from Chelsea Building Society will we be required to switch to buy to let mortgage? Our mortgage is with Chelsea Building Society and as properties are not selling at the mo but we have seen one we like we were going to rent our home out in order to acquire the new and dispose of this one if the local market picks up.
• My husband and I are looking to ask Chelsea Building Society for consent to let out our home in Hackney. We are relocating overseas for three years and wish to rent out the property. I omitted to check this out when we got the Chelsea Building Society mortgage, and that was only because we never foresaw an opportunity would arise such as this so was planning on living in the house.
• Please can you tell me the circumstances under which Chelsea Building Society will decline a request for consent to let?
• I am potentially moving in with my boyfriend at his home and would like to rent out my property that I purchased ten months ago, I'm just not sure of the process as my property is my first home. What hoops do I need to jump through to get consent to let from Chelsea Building Society If I obtain consent would my mortgage payments rise?