Need Help?

Need professional advice for your consent to let with National Counties 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 National Counties Building Society consent to lease

  • My fixed rate mortgage is nearing refinancing with National Counties Building Society. The house has been tenanted for a two years and I now realise that I should come clean toNational Counties Building Society. I understand that I can ask for a consent to lease, but bearing in mind that the property has already been let out for a considerable time could they decline - insist I go onto a BTL product and even apply a penalty? I have over 25% equity in the house - and the rent will more than cover the mortgage.
  • I have a National Counties Building Society mortgage on an apartment I own, in Camden. This year, resulting from a change in my circumstances I decided to rent out this apartment, and rent a house in a different area within same loc. The state of affairs that changed is that I started cohabiting with my partner, and the flat is not large enough for our needs. I do not wish to dispose of the flat because the current market value is 20% less than the market value when I bought the flat in 2007. I wrote to National Counties Building Society for a consent to let which was refused because they felt that my intention was to invest in the flat. Any guidance would be greatly appreciated, as i am at the end of my tether. There is a sense of urgencybecause there is already a prospective tenant waiting for this consent to let and could look elsewhere.Yours sincerely
  • I have a National Counties Building Society mortgage and have been letting out my flat without consent to let, which I am now led to believe means I am in breach of my mortgage terms and condition. I think that they have found out that I am not residing there. Is my best option is to sell the flat prior to being repossessed?
  • I sought consent but was turned down as I did a remortgage in June but Woolwich does not give consent if mortgage is less than 6 months old. Now I am worried when 6 months is gone are they going to find some other criteria that will not be ok. As a backup plan I can remortgage with National Counties Building Society but will they give me consent straight away?
  • I have separated from my wife and we have moved back in with our respective parents and intend to divorce. What do I have to do to get National Counties Building Society to give consent to let our house out to tenants?
  • I have a letter to National Counties Building Society requesting consent to let signed and ready, but I'm not sure what address I should post this to. Can you please help me with the address?
  • Please can you tell me the circumstances under which National Counties Building Society would refuse a request for consent to let?
  • Last month I completed on a apartment using a National Counties Building Society mortgage. However I am currently living with mother and father. I don't want to move in until next February due to personal issues. In meantime can I rent out the property with consent to let?