Need Help?

Need professional advice for your consent to let with Nationwide Building Society? There are various implications when it comes to letting out your property with an existing residential mortgage - you should seek professional assistance.

Common questions relating to Nationwide Building Society consent to lease

  • Bottom line - if worst comes to the worst what action Nationwide Building Society can take if I have rented my property if consent to let is not first obtained?

  • My wife and I are interested in finding out more about the conditions borrowers have to satisfy before consent to let from Nationwide Building Society is granted. Do you know if there are any restrictions on who can be given consent?
  • Eighteen months ago my husband and I bought our council house, in Wandsworth,recently valued at £175k. It's completely paid for from our own funds, unencumbered. We are prohibited from selling (without repaying back a significant amount of the discount) before 5 years have gone by. Regardless, we want to keep it as a investment property to rent out. We wish to release some equity via a Nationwide Building Society mortgage. I am confident that my rental income would cover my monthly repayments so can I negotiate consent to let. is this something you can help me with?
  • I have a mortgage with Nationwide Building Society on a flat and I intend to find a tenant for it out and rent another house due to changes in personal circumstances - I want to move to a different location, and to live in a bigger property with my partner. I applied for consent to let and yesterday got a response refusing as they considered that I want to invest. I as at a loss as to what my options are. I find myself at risk since I already have rented a new house and would have to pay both the Nationwide Building Society mortgage and rent, which could put me in financial risk. The matter needs to be addressed soon as a prospective tenant waiting on the sidelines
  • When it comes to consent to let from Nationwide Building Society am I supposed to advise them each time we get a new tenant and forward them a duplicate of the tenancy?
  • My GF is considering purchasing a new property in Newham and is getting a good deal as it requires some work done. We want to rent our current property for 2 years and come back to live. Will I be given consent to let by Nationwide Building Society?
  • Me and my partner and I have a mortgage with Nationwide Building Society and would be thinking about buying another main residence and then subsequently letting our current house out. Would I require consent to let from Nationwide Building Society?
  • Is consent to let a less costly way of becoming a landlord? Isn't this a loophole for some borrowers to exploit?