Need Help?

Need professional advice for your consent to let with Earl Shilton Building Society? There are various implications when it comes to letting out your property with an existing residential mortgage - you should seek professional assistance.

Frequently asked questions relating to Earl Shilton Building Society consent to lease

  • What is the most extreme action Earl Shilton Building Society can take if I have rented my property in the event that consent to let is not forthcoming?

  • I have a standard mortgage with Earl Shilton Building Society and will be joining the Royal Fleet Auxiliary in August. This is a civilian manned fleet run by the MOD. I will be at sea four months on and three months in the UK. During my time on assignment I want to lease out my property in Greenwich and live with my parents when on shore. Will this be granted?
  • I have a two bed leasehold maisonette with a Earl Shilton Building Society mortgage and have a lodger in the 2nd bedroom. I have decided to take a job in a different city and will rent there. My lodger doesn't want to leave so has agreed to pay an increased rent. Must I seek consent to let from Earl Shilton Building Society?
  • I would like to purchase a second house having recently purchased a three bed flat on domestic mortgage. Looking to purchase in a few months time. I have been advised that I may require consent to let from Earl Shilton Building Society, my existing mortgage provider? What is the best way to manage this and get the consent needed.
  • Just curious as to whether it is possible if you own one property with consent to let from Earl Shilton Building Society, to purchase a second with a residential mortgage to live in. Then once the consent runs out on the first property, to convert to buy to let or sell it?
  • I am looking at moving abroad for work and would like consent to let from Earl Shilton Building Society whilst I am away. Is the way forward to prepare a letter requesting consent to let and send it off in the post to Earl Shilton Building Society? The point of renting the property isn't to make money but to keep the house in case things don't work out
  • We took out a mortgage with Earl Shilton Building Society a few months ago and although it's still early days we may have to relocate around next Summer and would like to be able to lease our property out. Would this be possible with a non- buy to let mortgage?
  • Do you know if there is normally a maximum loan to value amount before Earl Shilton Building Society will consider consent to let?