Consent-to-let Help for Marsden Building Society

Questions and Answers: Marsden Building Society consent to let

• I'm about to apply to Marsden Building Society to obtain consent to let out my property in Marsden Building Society. However I have put the house on the market but there are no takers and forking out for a full mortgage, council tax and insurance on vacant house is draining me financially. What position would Marsden Building Society take if I market the property?

• My house had been tenanted for three years between 2010-2013 while working in New York. I have a letter dated March 2010 from my building society granting consent to let. In the letter it explicitly stipulates that the consent to let is valid for "the remaining term of the mortgage". I have not remortgaged since the letter was sent. I now plan to move house and rent out my existing house. However, my financial advisor has suggested that the 2010 consent to let letter may not be acceptable to the new lender Marsden Building Society for the property I wish to purchase.Can this be right
• I have a property in Hillingdon with a Marsden Building Society mortgage but have not lived there for a while. My dad moved in but is there rent free. I currently live in rented accommodation and am looking to purchase a house. I have found a dream property at reasonable price. I have sufficient for a deposit to use on the house I am interested in but would find it difficult to pay enough off the old property to change it to a buy to let mortgage at the same time. Can I switch the current Marsden Building Society mortgage for my old flat into a consent to let and use my savings to pay a larger deposit for the residential mortgage on the property that I want to buy?
• My husband and I are looking to rent out our 2 bed flat in Hackney in June. I would like some advice on what I need to do. I've just moved our Marsden Building Society mortgage to a fixed term and just need to understand the process and what information I'll need to get consent to let.
• My OH and I are nine months into a five year first time buyer mortgage with Marsden Building Society. Just curious if it's ok to lease out the flat on my existing mortgage. Will Marsden Building Society grant consent to let?
• We are about to buy a flat and plan to live in it once we have renovated but we may need to let the property out but not sure what the rules are on consent to let from Marsden Building Society? We don't need a buy to let mortgage because we are not certain if we will need to let it out at all
• I have a question I'd like to ask...if consent to let is given by Marsden Building Society would it usually stipulate a time limit, such as one year?
• I am looking for some generic information on consent to let. I already have a mortgage in place with Marsden Building Society. I have been given approval to temporarily rent out my GFF from the freeholder of the block and they asked for a copy of the consent to from Marsden Building Society.