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Need professional advice for your consent to let with Dudley Building Society? 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: Dudley Building Society consent to let

  • Can you confirm whether it is likely that I will obtain a consent to let with residential mortgage with Dudley Building Society? We are intending to relocate to Barnet to live closer to our daughter’s university, but we are not yet sure if the move will be permanent.
  • After 17 years in the capital, I'm considering relocating to be nearer to family. We've only been homeowners for the last two years and about to renew our mortgage with Dudley Building Society. In the relocation destination, we are be looking at a 3-bed property around the £250k mark. Ideally, we would like to retain my existing flat. Could I ask for Consent to Let from the proposed new lender Dudley Building Society. If granted what are the likely requirements?
  • I rented my house out for three years from 2010-2013 while working overseas. I have a letter dated June 2010 from the lender granting consent to let. In the letter it clearly stipulates 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 financial advisor has suggested that the 2010 consent to let letter may not be sufficient for the new lender Dudley Building Society for the property I wish to buy.Can this be right
  • How long must you own a property before consent to let with Dudley Building Society would be forthcoming? I completed on my flat with a Dudley Building Society mortgage sixmonths ago.
  • Is it possible to refinance with Dudley Building Society with consent to let if my fixed rate is reaching it’s end. Circumstances would not have changed.
  • I have a mortgage with Dudley Building Society at present and just enquiring whether Dudley Building Society currently allows consent to let
  • My husband and I have a mortgage with Dudley Building Society but am told they have a policy that they will not give consent to let the property to a housing association. Is this right and if so, can you suggest a method round this?
  • Please can you inform me how much the fees are and if Dudley Building Society typically give consent to let without changing to a commercial rate?