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

Recently asked questions relating to Monmouthshire Building Society consent to lease

  • Hi, I have a mortgage on a flat with Monmouthshire Building Society and I am thinking about leasing the property out. Could this be done without changing my mortgage or getting consent to let from Monmouthshire Building Society?
  • My niece is going to work overseas for twelve months and would like to let her apartment out. She has a Monmouthshire Building Society fixed rate mortgage on repayment and wants consent to let the property as well as switch to interest only. What does she need to do?
  • Can you explain "consent to let" to me? I live in a 1 bed flat and its in good condition. It has been on with agents for two months and I have had very few viewings. This is probably due to an ongoing feud with the guy next door. I had no choice but to put it on the disclosure form. I am with Monmouthshire Building Society on a standard variable rate. Someone mentioned I should seek consent to let by Monmouthshire Building Society and lease the flat for a couple of years.
  • We are in need of a larger house so our children don't have to bunk together. We are thinking about buying another house in the near future. Our house is estimated to be worth £240,000 and we have about £70k remaining on the Monmouthshire Building Society mortgage. We would prefer to keep this house as an investment property and rent it out with consent to let. Can you have a mortgage on two properties at the same time or do we need to fully pay off our current mortgage first?
  • I would like to send the consent to let form by courier and wanted to know if Monmouthshire Building Society have a regular mailing address I can use as couriers usually don’t accept deliveries to PO Box numbers.
  • At the moment I do not have consent to let by Monmouthshire Building Society but I would like to apply, An opportunity has arisen which might involve me working away for a couple of years. But want to keep my home for my return - are you able to help?
  • Can I remortgage with Monmouthshire Building Society with consent to let if my fixed rate is coming to an end. Circumstances would not have changed.
  • My partner and I want to consider the option of renting out my house with consent to let from Monmouthshire Building Society whist away travelling for three months