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.

Examples of recent questions relating to Family Building Society consent to let

  • I work for a letting agency in loc and a potential tenant for the house has demanded a duplicate of the ‘consent to let’ from the owners lender Family Building Society. Is there a new law that has triggered this question?I have not come accross this before, is this a new legal requirement?

  • If push comes to shove what action Family Building Society can take if I have rented my property in the absence of consent to let?

  • My brother intends to rent out his flat out on the QT without consent to let from his mortgage provider Family Building Society. He has been on an interest only loan since 2008. Currently owes £112k, having bought the flat for about £125k. In the absence of receiving consent to let from Family Building Society, exactly what sanctions is he likely to face?
  • At the moment I am looking to purchase my first property however, I am self employed. I want to chose a mortgage provider that allows short term letting with a homeowner mortgage so that I could let the property for no more than six months with long periods of absence without being compelled to a buy to let mortgage. Are you able to advise me on how lenders would perceive this and in particular the approach taken by Family Building Society.
  • If I let my house out with consent to let from Family Building Society will there be any rate difference? I am presently on a standard variable rate.
  • If I were to apply for consent to let from Family Building Society how much time does it take to get consent to let after you apply to Family Building Society. ?
  • I took a domestic mortgage with Family Building Society - about 28% equity. I am considering relocating due to a promotion and enquiring whether consent to let would be given so I could let out the property?
  • I have a mortgage with Family Building Society. I am thinking of moving out and renting out my property. Am I required to obtain consent to let ?