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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

  • What information do National Counties Building Society require to have to make a decision on consent to let. I have a 5 year fix with them. I have always been on time with my monthly payments. I am looking at moving to the countryside owing to the family getting bigger. My financial circumstances have not deteriorated and in fact my annual income has gone up 15% since the mortgage started.
  • I've been offered a job overseas and wondering if it's a good idea renting my house out. Will National Counties Building Society allow me to switch mortgage or grant consent to let? If not I will have to think about whether I should accept the job. I have no objection to paying more as I intend to return and move into my home after twenty four months. My agenda here is not to profit. Just love my property and want to return to it at some point in the future.
  • I have an existing mortgage with National Counties Building Society. Can you point me to where I can download the consent to let submission forms from, as we are already renting out the flat?
  • I previously took a mortgage with National Counties Building Society and the loan to value is presently 45% with the National Counties Building Society current book value and I'm looking to purchase another property but would like to keep my current property at the current market value. I have had CTL from an alternative mortgage provider on a previous property so know a bit about them and I also have buy to let with Mortgage Express on another property. Does the expected rental income on a consent to let with National Counties Building Society need to be over and above the mortgage repayments? I have a fixed rate which I tied into a fixed rate and left the term at 18 years so it was paid off as early as possible, obviously this leaves with quite a high monthly cost.
  • I have a National Counties Building Society home loan currently and potentially want to let it out for a limited period of time with consent from National Counties Building Society for (1 year). Is this achievable?
  • Good-day, what documents or paperwork would National Counties Building Society require for a consent to let letter?
  • Is there leeway in the accepted equity ration before transferring from a current National Counties Building Society mortgage to a consent to let?
  • I have only recently completed my mortgage with National Counties Building Society since when my boyfriend has proposed and we are deciding whether to reside in his house or my property. Would I be allowed consent to let if I were to move into his property