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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.

Frequently asked questions relating to Ecology Building Society consent to lease

  • I plan to apply to Ecology Building Society to obtain consent to let out my house in Ecology Building Society. However I currently have the property for sale but there is no interest and paying a full mortgage, council tax and insurance on an empty house is a financial drain. How are Ecology Building Society going to react if I market the property?

  • We recently sorted our rates for another fixed five years with Ecology Building Society. Subsequently, I went to an interview and basically I accepted the job offer in Haringey. I'm going to rent a small flat for me and my family in Waltham Forest as we don't want to sell the house and moreover we might come back within a couple of years.... We really don't know whether it will work out. We called Ecology Building Society but we would appreciate your point of view please. Is it possible to obtain consent to let in that case as we just got a fixed 5 years rate we really don't want to change.
  • I have found myself in the accidental landlord situation and failed to inform Ecology Building Society. I had to vacate my home for work purposes, so am now based in another part of the country. At first I tried to sell the flat, but prices were deflated, resulting in negative equity. This was three years ago in 2012, the value has increased and has given me time to accumulate savings. I am in now in a position where I can now convert to a BTL mortgage and would like to remortgage at the same time. My concern is, will changing mortgage providers possibly alert Ecology Building Society that I have been letting without consent to let? I am aware that I shouldn’t have done this, but circumstances backed me into a corner. Have I committed a criminal offence?
  • My partner and I would like to know what the policy is for Ecology Building Society for consent to let. I have heard various suggestions in relation to fees and rates. I need to relocate for career reasons but can not sell the house due to a depressed market.
  • When it comes to consent to let from Ecology Building Society am I supposed to inform them every time we get a new tenant and send them a duplicate of the lease document?
  • I have Ecology Building Society mortgage and am considering leasing out the property. I understand I would require consent to let to do that right ?
  • I have had my mortgage with Ecology Building Society for the previous twenty months and I am interested in finding out some more information about the possibility of obtaining 'consent to let’.
  • Me and my husband have an annexe in our garden. Do we need consent to let this from Ecology Building Society? If so, what is the process if I wish to transfer my mortgage to consent to let?