Need Help?

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

  • I have to move my daughter’s school by early-September and move to a new area. there is insufficient time to find a buyer for my house.The short term option is to lease my property out. Currently I have standard occupiers insurance. Am I obliged to take out a different insurance? What should request from Manchester Building Society regards to consent to let?
  • My boyfriend and I (joint owner) are thinking of remortgaging with Manchester Building Society. I was conducting some research concerning consent to let from Manchester Building Society to understand the rules around potentially renting our existing apartment out (probably in a year or 2) if we moved away. The flat in question was a first-time purchase for us about three years ago. We are living there at the moment.
  • I understand that this is a breach of Manchester 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 redeem the home loan after five years, by which time I will become the outright owner, meaning I no longer require any consent to let. Manchester Building Society advised me I can overpay as much as I like during the lifetime of the mortgage. I have someone who wants to rent the property. What checks do Manchester Building Society do and what are the chances that they are likely to do this? What are the consequences of not getting consent to let? From what I have read there is a possibility of Manchester Building Society insisting that the property to be sold (however it seems generally accepted is that this doesn't occur and adding charges even backdating is more likely)
  • My husband and I are in a complex mortgage situation in the last couple of month. We have to rent our apartment with consent to let and move to a new to be nearer to my parents. We are about to rent a house. We are finding it extremely difficult to find a better mortgage deal for our consent to let home. Is there is a list available as to which lenders grant consent to let and what their conditions are?
  • I would like to understand what are acceptable reasons for leasing a property when it comes to seeking consent to let from Manchester Building Society? Can you assist?
  • I have a residential mortgage with Manchester Building Society and my circumstances have changed due to family, can I obtain consent to let. What changes will affect me?
  • I am considering moving abroad for work and would like consent to let from Manchester Building Society whilst I am away. Is the way forward to prepare a letter requesting consent to let and send it off in the post to Manchester Building Society? The point of renting the property isn't to make money but to retain the house in case things don't work out
  • I recently acquired a flat using a Manchester Building Society mortgage. However I am currently living with mother and father. I don't want to move in until August 2017 due to personal issues. In interim can I rent out the property with consent to let?