Need Help?

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

Common questions relating to Family Building Society consent to lease

  • Helen (my partner) and I may need to lease our Lewisham home for a while due to a new job. This will be short-term but perhaps for 4 years. Must I notify Family Building Society or should I remain silent?

  • Within the next few days I intend to get in touch with Family Building Society for consent to let out my house in Family Building Society. However the property has been on with agents for 5 weeks but there is no interest and paying a full mortgage, council tax and insurance on an empty house is draining me financially. How are Family Building Society going to react if I have the house on the market?

  • I have my studio flat in Lambeth on the market but notwithstanding a couple of viewings there is a lack of interest so far. As a fall back position I am considering leasing out the property if cant find a buyer. I dont foresee a problem getting consent to let from the freeholder. My IFA has told me that in such circumstances I may have to switch to a BTL mortgage yet I probably don't have sufficient equity. What's the worst that could happen if I was to retain the existing Family Building Society home loan and let the property out without telling them As long as the mortgage is being paid in full and on time, why would they care or check?
  • My wife have a fixed rate mortgage with Family Building Society for two years and have been living in the property for nearly half a year. Due a job opportunity abroad I need to relocate so I would like to rent the place out. How can I get consent to let from Family Building Society?
  • I am looking to Family Building Society to issue me with consent to let out my studio flat in Lewisham. I am moving to Spain for 8 months for work.
  • I want to take in lodgers for my garden flat in Redbridge which I live in. My mortgage is with Family Building Society. Will they grant consent to let?
  • Are you able to clarify what the process would be if we move to a second home and need to get consent to let for our existing mortgage with Family Building Society
  • I am looking at taking a job overseas and have been advised that I need to let Family Building Society know so my mortgage is under consent to let? Please could you clarify the best way to go about this?