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.

Frequently asked questions relating to Monmouthshire Building Society consent to lease

  • I will shortly be moving to Denmark. As opposed to sell my house, I would like to let it out, just in case things don’t pan out. My current mortgage is with Monmouthshire Building Society. If I applied for a refinance would a new lender see this as me seeking to dodge a Buy To Let mortgage, of which there is very restricted availability for 80% LTV, and therefore reject my application for Consent to Let?
  • I am contacting you on behalf of my cousin who has a mortgage with Monmouthshire Building Society. He asked me to find out if there is a fee for consent to let? He has been in his property for two years but has been offered a job abroad away for 2 years and is considering letting the place out while he is away.
  • I am looking to move and let out my ground floor flat in Greenwich. Having bought it in winter 2009 and presently on a 90% ltv there is little equity in it. My mortgage is with Monmouthshire Building Society. Do you know where Monmouthshire Building Society stand on consent to let?
  • Please 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 can't find a buyer. This is probably due to an ongoing feud with the family next door. I was obliged to put it on the disclosure sheet. I am with Monmouthshire Building Society on a standard variable rate. It has been suggested to me that I should obtain consent to let via Monmouthshire Building Society and rent the flat for a year or two.
  • We are having to relocate to Australia for a couple of years for my job but I don't want to convert my mortgage to BTL as I want to move back into it when I return. Do you know if Monmouthshire Building Society charges extra on the interest? Is there any work around?
  • I are considering applying to Monmouthshire Building Society to obtain consent to let our property, how long does it take between sending the forms to us finding a letting agent and listing our house for rent? and are there any further steps we will need to take?
  • Last month I completed my homeloan with Monmouthshire Building Society since when my boyfriend has proposed and we are deciding whether to live in his house or mine. Would I be issued consent to let if I decided to move into his property
  • Can you tell me how much the fees are and if Monmouthshire Building Society usually issue consent to let without transferring to a commercial rate?