Need Help?

Need professional advice for your consent to let with Holmesdale 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 Holmesdale Building Society consent to let

  • What options are open to me if my application for consent to let is rejected by Holmesdale Building Society?

  • I have a Holmesdale Building Society mortgage on a flat I own, in Islington. Last month, resulting from a change in my circumstances I decided to let out the flat, and rent an alternative property in a different area within same loc. The state of affairs that changed is that my partner moved in, and the flat is too small for us. I do not want to try to sell the flat because the current market value is 15% less than when I bought the property seven years ago. I wrote to Holmesdale Building Society for a consent to let which was turned down because they determined that I wanted to invest in the flat. Any insight would be greatly appreciated, as i am at the end of my tether. There is a sense of urgencyas I have a prospective tenant waiting for this consent to let and may withdraw.Many thanks
  • Can you clarify exactly what sort of service you provide - I have a home loan with Holmesdale Building Society and I would like to apply for consent to let - do you assist with the application for this and help answer questions related to it?
  • My partner and I have a flat in Tower Hamlets which we purchased as a new-build about seven years ago. As the family is growing we require more space. We've found a house in Islington that we wish to buy and want to keep the flat as an investment to rent out. The mortgage is with Holmesdale Building Society and we've found a tenant who will pay rent in excess of the monthly mortgage payment. My question is, can we keep the repayment mortgage with Holmesdale Building Society so we effectively paying off our loan on the flat or must we to transfer to a buy-to-let product?
  • Situation: I am moving abroad. This might be for many years. Nevertheless I will be on a six month probation period .I would like to know the criteria for consent to let from Holmesdale Building Society and what charges are to be incurred
  • I wish to know all the factors and procedures in place to change my Holmesdale Building Society mortgage to a consent to let?
  • If I am tied into a fixed rate with Holmesdale Building Society but am considering letting out my property, is there a charge for consent to let from Holmesdale Building Society and does the interest rate alter?
  • What, if any, income criteria do Holmesdale Building Society set for consent to let on an existing domestic mortgage?