Consent-to-let Help for Monmouthshire Building Society

Recently asked questions relating to Monmouthshire Building Society consent to lease

• I am interested in finding out more about the conditions borrowers have to meet before consent to let from Monmouthshire Building Society is issued. Do you know if there are any restrictions on who can be granted consent?
• My partner and I are first-time buyers, currently renting. We would ideally like to buy a one bedroom apartment in Greenwich. We want to move there, but will need to wait for a job - perhaps a couple of years. Would we need to get a B2L mortgage? Would it be possible to have a normal mortgage with Monmouthshire Building Society, even though we won't be moving in straight away? Or could we live there for a couple of months, then start renting it with consent to let from Monmouthshire Building Society? I'm only willing to consider suggestions that are completely legitimate, and have no intention of breaching the terms of the mortgage with Monmouthshire Building Society.
• I'm looking to remortgage my two bedroom first floor purpose built flat, currently rented with consent to let from Monmouthshire Building Society, onto a BTL rate as we are unlikely to be moving back into it now since we have our family home. So, I'm assuming I need a specialist broker for this and I am not really au fait with what my options are. Are you able to recommend a good broker service specialising in BTL?
• My husband and I plan to lease our existing flat out shortly after we find a new house. This is to be done with consent to let from Monmouthshire Building Society. The apartment is currently in my name but I am a top rate tax payer. Is it best to do a equity transfer to her or can I enter into a Declaration of Trust?
• Were we to ask for a consent to let letter by Monmouthshire Building Society will we be required to switch to buy to let mortgage? We are with Monmouthshire Building Society and as houses are not currently selling and we have seen one we like we were considering letting our home out in order to acquire the new and dispose of this one when the local market improves.
• We have a owner-occupier mortgage with Monmouthshire Building Society and are deliberating on obtaining consent to let so that we can apply for another mortgage on another property that I own on a buy to let basis. Before we apply We would be interested to know the ramifications of making the change and any facts that we need to be aware of.
• My wife and I wish to move home and have found a property we wish to purchase so are considering renting out with consent to let from Monmouthshire Building Society for our existing property to enable us to place an offer and not miss out on the potential new property.
• I am thinking about moving in with my girlfriend but would rather not to sell my property. How do I go about seeking consent to let from Monmouthshire Building Society, and how likely is it that this will be obtained?