Consent-to-let Help for Marsden Building Society

Frequently asked questions relating to Marsden Building Society consent to lease

• Marsden Building Society have just granted me consent to let. After some effort, Marsden Building Society have issued me with ‘consent to let’ confirmation . There is reference to an assured shorthold tenancy. What is that?

• I am currently in the process of emigrating to Beijing . As opposed to sell up, I wish to lease my current property out, just in case things turn out badly and I decide to come back in one or two years. I have a current mortgage is with Marsden Building Society. Would I be able to refinance with another mortgage company on a much lower interest rate then apply for Consent to Let once the refinancing has completed?
• I have a residential loan with Marsden Building Society. I would like to buy a further property and my mortgage broker advised me to apply for a consent to let. As far as I am aware they will only grant consent to let if I have the intention to move back into my current home. Is this right?
• I am not sure the services that you provide - I have a home loan with Marsden Building Society and I would like to apply for consent to let - do you effectively help with the application for this and help answer questions related to it?
• This is not a question specific to Marsden Building Society but do lenders generally provide the information I need for my Buy to Let or Consent to Let self-assessment tax submissions?
• If I am tied into a fixed rate with Marsden Building Society but am thinking of letting out my property, is there a fee for consent to let from Marsden Building Society and does the interest rate alter?
• Are you aware if there is usually a required loan to value amount before Marsden Building Society will give consent to let?
• What are the changes that Marsden Building Society force me into a consent to let product whilst in a fixed rate product for 2 years?