Consent-to-let Help for Leek Building Society

Sample questions relating to Leek BS consent to let

• My lender has placed me in a catch 22 with a Consent to Let mortgage. In response to requesting consent to let the bank has requested evidence of a signed tenancy agreement prior to issuing consent. If I get a signed tenancy agreement would I not be breaching the terms of my existing mortgage?

• I previously got consent to let from Leek BS 3 yrs ago but never used it and subsequently refinanced with another lender. I recently applied for consent to let. I was informed that it would be forthcoming since their requirements were met. Yet recently got a letter informing me that I need to provide a letter from the DWP evidencing that that are aware of my current situation before they can provide authorisation. They said this is policy but I have not been able to find these T&Cs on their site. I did complain about the inference that I might intend to continue to claim help with interest from the DWP whilst receiving rental on the property. They apologised and offered to deposit £25 in my account . However i still am unable to locate this term and condition and i feel this is otherwise inappropriate I want to let my property as a way of releasing me from redress to social benefits not in order to discontinue claiming
• My husband and I have just sorted our rates for another fixed period with Leek BS. However, I went to an interview and basically I accepted the job offer in Southwark. I'm going to rent a small flat for the family in Tower Hamlets as we don't want to sell the house whist there is a chance that we come back before two years.... We really don't know whether it will work out. We called Leek BS but we would like also your point of view please. How is it to have a consent to let in that case as we secured a fixed 5 years rate we really don't want to change.
• Meeting with my financial adviser on Tuesday. I am going to apply for Consent to Let from my current lender Leek BS. My new property in Newham will be 80% LTV. I have been told by a friend that some lenders turn away consent to let borrowers and I may have issues regarding my new mortgage. Am I likely to encounter this problem?
• I am looking for information on what are acceptable reasons for leasing a property when it comes to seeking consent to let from Leek BS? Can you help?
• I have a residential mortgage with Leek BS and with my circumstances changing massively in the last three months, can I obtain consent to let. What changes will affect me?
• I am intending on moving within the next six months and wish to lease my property out. My mortgage rate is fixed with Leek BS. I am worried a rate hike would be too much if that was linked to getting consent to let
• Do you know whether there a time limit on a consent to let from Leek BS? 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?