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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.

Questions and Answers: Earl Shilton Building Society consent to let

  • For some years now I have a I have had a mortgage with Earl Shilton Building Society. My other half has recently acquired a property in Camden and he has asked me to live with him. Can I lease out my apartment with consent to let in case I need to move back? Also what legal paperwork must I provide Earl Shilton Building Society with when filling in the consent to let form?
  • My husband and I are in possession of a mortgage offer from Earl Shilton Building Society, but we have hit a snag. My husband is the deputy head in a boarding school, whereby living quarters is a perk of the job. We wanted to buy a three bedroom second floor purpose built flat with a view to joining the property ladder, and let it out while we're based at the school. I had thought Earl Shilton Building Society would be willing to give consent to let from the outset of the loan. It is now looking as though I may be refused consent to let. Do you have any advice?
  • As a result my career, I am confident that Earl Shilton Building Society will issue me with Consent to Let from the outset of owning a property. My intention is to purchase a property locally and let it out, I will remain in the house that is provided (rent payable) by my employer. As I will be renting out the property I will clearly have to prepare a Self Assessment Tax Return, but I just want to check that although it is my only property (and it is not on a buy to let mortgage), will I still be able to utilize Tax relief for the interest on the mortgage and the expenses of renting out the property. I have only been able to track down information for those with a buy-to-let mortgage, but mine will technically not be B2L.
  • I am in the Royal Air Force and am looking to purchase a property using a Earl Shilton Building Society mortgage. I would like to be given consent to let this house to my parents. In years to come I plan to live in the property myself when my military career comes to an end. Is this feasible?
  • Our Earl Shilton Building Society mortgage is coming up for renewal. We would like to apply for a new fixed rate mortgage and then apply for a consent-to-let. Is this possible? We don't use the house much now that our kids are growing up, and would be better used as a rental.
  • Do you know whether Earl Shilton Building Society will accept rental income on consent to let for affordability purposes or does it need to be BTL ? Would Earl Shilton Building Society let me raise capital based on the rental revenue ?
  • I am looking at taking a job in France and have been advised that I need to let Earl Shilton Building Society know so my mortgage is under consent to let? Please could you clarify the best way deal with this?
  • How likely is it that Earl Shilton Building Society force me into a consent to let product while I'm in a fixed rate product for twenty four months?