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.

Sample questions relating to Holmesdale Building Society consent to let

  • I plan to contact Holmesdale Building Society for consent to let out my home in Holmesdale Building Society. However I currently have the property for sale but there are no takers and paying a full mortgage, council tax and insurance on vacant house is exhausting my finances. What position would Holmesdale Building Society take if I market the property?

  • What's the difference btw consent to let and buy to let? Also is the property subject to Capital Gains Tax if sold?
  • We are currently in NYC and leasing out our property in Wandsworth. This is not something we planned but an opportunity presented itself and we took it. The rent received on the flat is insufficient to cover the mortgage so we transfer funds each month to make up the difference. Earlier today our lender got in touch informing me that because the property is being let out and has been for nearly three years we will have to pay 1.5% interest in addition to our current mortgage rate. We could sell the property but this will be difficult as I am on the other side of the world. Would it be possible to remortgage with Holmesdale Building Society and get consent to let?
  • It seems as though I will have the chance to go and work abroad in a couple of years. I am therefore potentially downsizing to a newer property in Camden which I could rent out more easily when the time comes. The intention is to retain 50% equity in the new property which would be my home for a while. My current mortgage provider limits consent to let for 12 months. I suspect renting it out longer term and not informing them could result in a whole host of trouble. B2L seems inappropriate when I will be living there, perhaps for 2-3 years initially. What product do I ask for, and from whom? Do lenders such as Holmesdale Building Society provide consent to let for more than a year?
  • I am looking to Holmesdale Building Society to issue me with consent to let out my home in Lewisham. I am moving to Holland for 6 months for work.
  • I have a letter to Holmesdale Building Society requesting consent to let signed and ready, but I'm not sure what address I should forward this to. Can you please help me with the address?
  • Can you help with a question...if consent to let is given by Holmesdale Building Society would it usually be restricted to a time limit, such as one year?
  • I have a residential mortgage with Holmesdale Building Society, and I would like to let the flat out, until I decide whether to sell or retain it as an investment. At the moment I am on the fixed rate. Will I need to move onto a new mortgage? I.E. buy to let?