Need Help?

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

  • Can a new mortgage be taken on a consent to let with Monmouthshire Building Society?

  • My niece is going to work abroad for twelve months and wants to lease her flat 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?
  • A colleague recently asked for CTL from the Woolwich which they turned down citing that the mortgage had not been in place for six months. I am about to request consent to let from Monmouthshire Building Society. Do they have the same rule?
  • I may have the chance to go and work overseas in a couple of years. I am therefore thinking of downsizing to a newer flat in Enfield which I could rent out with less difficulty when the time comes. The intention is to keep half the equity in the new property which would be my home for a while. My existing mortgage co limits consent to let for a year. I suspect renting it out longer term and not informing them could result in a whole host of problems. Buy-to-let seems wrong given that I will be living there, maybe for 2-3 years initially. What type of mortgage should I be seeking, and from whom? Would, for example, Monmouthshire Building Society grant consent to let for an open ended period?
  • Is it possible to remortgage with Monmouthshire Building Society with consent to let if my fixed rate is reaching it’s end. Circumstances would not have changed.
  • My wife and I have a mortgage with Monmouthshire Building Society on our one bedroom apartment in Croydon. We are planning to buy a new house and move in there. How do I move my existing mortgage on to consent to let?
  • Was wondering how to obtain a consent to let from Monmouthshire Building Society who I have a mortgage with. There is a remaining balance of 47k. The value of flat is 245k. Property is in my name but my wife and I would like to purchase a three bed flat in Greenwich we have seen together. How do we go about this?
  • One year into a mortgage with Monmouthshire Building Society due to job offer.. need to relocate. Do you think I can get buy to let or consent to let.