Need Help?

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

  • Is consent to lease required from Ipswich Building Society or can I let my garden flat without telling Ipswich Building Society and having to convert to a B2L loan?

  • Islington residence worth £125,000. Ipswich Building Society mortgage owing £18k with 8 years to run. Get consent to let via Ipswich Building Society for current apartment and utilise rent to pay off the last few years of mortgage. Take out 65 per cent Ipswich Building Society loan on new premises that becomes my primary home? Any reason I cant do this?
  • My understanding is that this is a breach of Ipswich Building Society terms and conditions of mortgage if I rent out my flat having indicated that I intend to reside there. The intention is to have the mortgage fully paid off after four years, by which time I will become the outright owner, meaning I no longer require any consent to let. Ipswich Building Society advised me I can overpay as much as I like during the lifetime of the mortgage. I have someone who is interested in renting the property. What are the chances of Ipswich Building Society finding out? What are the consequences of not getting consent to let? From what I have read there is a possibility of Ipswich Building Society jacking up the interest rate
  • My husband phoned Ipswich Building Society on Monday concerning consent to let. We are awaiting a call back. We have placed an offer in on a garden flat that has been provisionally accepted so we need to know how likely it is that we will get consent to let with Ipswich Building Society?
  • I am already leasing out my property but may have sussed that I am not living there. I have four months left on my fixed rate. How easy is it to get consent to let from Ipswich Building Society. Is it just a five minute phone call, pay the charge and it's done there and then?
  • I have fixed rate mortgage with Ipswich Building Society. I am going have to rent out my house due to necessity. If I apply for consent to let, will I have to pay a lot more interest?
  • Will Ipswich Building Society issue consent to let my home? I currently have a residential mortgage, never had arrears and have been with Ipswich Building Society for a little under three years now. What costs am I likely to face
  • Are you aware if there is normally a required loan to value amount before Ipswich Building Society will consider consent to let?