Consent-to-let Help for Ecology Building Society

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

• I have a homeowner mortgage over my home in loc and intend to move to country for three years. During this time frame it makes financial sense to rent out my apartment. My bank is withholding consent to let. I don’t really want a buy to let mortgage as it’s only a short term option that I am abroad for.

• I was wondering if you could please give me some advice on what the procedure is for applying for content to let, what do I need to do. I am thinking about taking a Ecology Building Society mortgage on a £140,000 property later this year. The intention is to hold the house as a second home but I would like to know what options there are to let the property in the future. If our situation was to change the house would either be sold or rented.
• I remortgaged with Ecology Building Society recently, borrowing extra with the intention of doing a loft conversion. That extension has proved not to be possible and I now intend to purchase a further property as my main home and let the old property out with consent to let. Is that likely to open up a Pandora’s box?
• What is the maximum period of time allowable to Ecology Building Society that I would be able to let my property without having to transfer the mortgage or sell my house? In essence, my boyfriend has asked me to move in with him and I really don't want to sell my house. I would like the comfort of knowing I still have my own home.
• I have a mortgage with Ecology Building Society on a 2 year fixed rate. I could have chance of a teaching position abroad next year. Would I qualify for consent to let via Ecology Building Society if I took this job overseas?
• Was wondering how to precure a consent to let from Ecology Building Society with whom I have a mortgage with. There is an outstanding balance of 47k. The value of property is 220k. Property is in my name but my wife and I would like to purchase a ground floor flat in Wandsworth we have seen together. How do we go about this?
• My husband and I need to lease out my home to be nearer to my son’s college and look after of my father. What do I need for the application of consent to let from Ecology Building Society?
• What are the implication if I have already let the property for a number of years as an HMO and now wish to legalise the situation with Ecology Building Society by obtaining consent to let ? (work on the basis that Ecology Building Society had previously granted a homeowner mortgage in the past)