Need Help?

Need professional advice for your consent to let with Marsden Building Society? There are various implications when it comes to letting out your property with an existing residential mortgage - you should seek professional assistance.

Questions and Answers: Marsden Building Society consent to let

  • I am a first time buyer hoping to complete on a small house in Marsden Building Society. I have a healthy deposit with a mortgage from Marsden Building Society. My dilemma is that my fiancee owns a flat in Slough and I can foresee myself moving in next year, when I would have to let out my property. I have heard of consent to let but it does not sound like a guaranteed option. Is there any advice you can impart?

  • I have a garden flat in Bexley let out which has a seventy year lease. Mortgage adviser suggested I should remortgage (currently with Marsden Building Society) as a buy to let instead of consent to let and release 65-70k which on top of a new mortgage based on income multiples would give me a budget of £210k. Not much about in Southwark for me to buy my own house. To extend the lease will be approximately 19k. Not sure sure whether to hold on or sell the flat?
  • I bought a property ten years ago with the help of a housing association, I own half via mortgage and rent the other half. Last year I bought a new house. I rented out my first property and moved to my new home. I obtained consent to let from my lender and I was under the assumption I had consent to let from the housing association. Yesterday I was contacted by the housing association advising they had nothing on record to say I had attained permission to sublet. What do I do now?
  • I moved out of my apartment about seven months ago but didn't get around to get a consent to let letter, partly because the mortgage fix rate period is ending next month and I am considering refinancing in any event. I want to ask for the letter now, is that going to be forthcoming?
  • My OH and I bought a place in London with Marsden Building Society and am moving to rent a property in Cardiff due to work. Is consent to let from Marsden Building Societyavailable? I only want to lease out the flat for half a year before selling.
  • I want to take in in a lodger for my studio flat in Greenwich which I live in. My mortgage is with Marsden Building Society. Will they grant consent to let?
  • Would I be able to remortgage to Marsden Building Society from my current lender, with a consent to let or do I need a let to buy loan, and if so what are the LTV's?
  • Is consent to let required from Marsden Building Society if I am planning to reside in the apartment myself for half of the year? Furthermore if I receive consent to let for a limited time, say up to twelve months, what happens after that.