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

  • For the last few months I have been letting out my flat in Lambeth. I didn't apply for consent to let. I moved to Surrey for career reasons and was unable to cope with the traveling but was nervous that Family Building Society would charge me silly money so I decided to take the risk. I'm looking to legitimise it now... basically continue leasing it but with consent. What are my next steps?
  • me and my wife have just sorted our rates for another fixed five years with Family Building Society. Some weeks later, I attended an interview and basically I accepted the job offer in Newham. I'm going to rent a small flat for me and my family in Waltham Forest as we don't wish to sell the house and moreover we might come back before two years.... We really don't know how things will work out. We have contacted Family Building Society but we would like also your point of view please. How is it to receive consent to let in that case as we secured a fixed 5 years rate we really don't want to change.
  • I rented my apartment six months ago and didn't tell Family Building Society. I have a five year domestic mortgage (significant equity in it, no arrears) and want to let Family Building Society know and get consent to let for the final two years of my mortgage . I am unsure how to go about this.
  • I've been with Family Building Society for about 2 years and have just renewed a fixed rate. The loan to value is in the region of 45%. Unfortunately we must move into my elderly mother-in-law's flat to look after her, it would make sense to lease our house out - do I need to seek consent to let from Family Building Society and is it likely to cost much?
  • I currently have a mortgage with Family Building Society that I would like to transfer to a consent to let as we have identified another property we are looking to purchase. What is the procedure for consent to let?
  • Do you know if I can retain my existing residential mortgage with Family Building Society if I start renting out? If the consent to let is issued will they load the interest rate?
  • Is there a time limit on a consent to let from Family Building Society? and do you need to get a new mortgage first or a general residential mortgage can just be changed to a consent to let after application?
  • What are the changes that Family Building Society force me into a consent to let product while I'm in a fixed rate product for 2 years?