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

  • Within the next few days I intend to apply to Ecology Building Society to obtain consent to let out my property in Ecology Building Society. However the property has been on with agents for 4 weeks but there without a sniff of interest and forking out for a full mortgage, council tax and insurance on an empty house is exhausting my finances. What position would Ecology Building Society take if I market the property?

  • Last September my wife and I bought our council home, in Hackney,recently valued at £200k. It was paid for in full from our own finances, mortgage fee. We are prohibited from selling (without penalty of losing some of our discount) before five years have passed. Regardless, we wish to retain it as a investment property to lease out. We are considering taking out a mortgage with Ecology Building Society. If Ecology Building Society refuse are there lenders that will allow this and grant consent to let?
  • I have just come off the phone to Ecology Building Society and they tell me that they have found out that I am letting out the maisonette despite having a domestic mortgage. I moved out two years ago for childcare reasons, was unable to sell and was left with little choice to let out my property. Are you able to advise me on the implications might be for me not getting consent to let?
  • We have just sorted our rates for another fixed five years with Ecology Building Society. Some weeks later, I attended an interview and basically I accepted the job offer in Lewisham. I'm going to rent a two bedroom flat for me and my family in Harrow as we don't want to sell the house and moreover we might come back before two years.... We really have no idea how things will work out. We called Ecology Building Society but we would like also your take on the situation. Is it possible to obtain consent to let in that case as we secured a fixed 5 years rate we really don't want to swap this.
  • Due to work opportunities I will be relocating to Scotland and would like to rent the flat temporarily, are you able to confirm what steps I need to take in order to obtain consent to let from Ecology Building Society?
  • We are looking at new mortgages and also thinking of renting the property in the future - Is there a cost with Ecology Building Society to receive consent to let and what are the requirements?
  • What, if any, income requirements do Ecology Building Society set for consent to let on an existing homeowner mortgage?
  • I have a mortgage with Ecology Building Society. I am thinking of moving out and letting out my house. Do I need a consent to let ?