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.

Sample questions relating to Nationwide Building Society consent to let

  • My partner and I may need to lease our Tower Hamlets home for a while due to a new job. This will be temporary but possibly for as long as five years. Do I inform Nationwide Building Society or do I just keep quiet?

  • Am I obliged to notify Nationwide Building Society of my plan to take in a lodger. I have two spare rooms that could be used by lodgers and I was thinking that as the occupancy remains in keeping with that of the 'family' use of the property it might not require consent to let. Can you help clarify? I am taking independent advice on the insurance, legal and tax ramifications.
  • My partner and I currently live in Melbourne and leasing out our apartment in Brent. This is not something we planned but an opportunity presented itself and we took it. The rental income is not enough to cover the mortgage so we send back funds each month to make up the shortfall. Last week I got a letter in the mail from our lender telling me that because the property is being let out and has been for nearly three years we will have to pay 1.5% interest in addition to our current mortgage rate. One option would be to sell up but this will be difficult as I am so far away. Would it be possible to remortgage with Nationwide Building Society and get consent to let?
  • I am in the armed forces and am looking to purchase a home with a Nationwide Building Society mortgage. I would like to get consent to let this house to my parents. In years to come I plan to live in the property myself when my military career finishes. Is this possible?
  • Can I remortgage with Nationwide Building Society with consent to let if my fixed rate is coming to an end. Circumstances would not have changed.
  • Me and my husband want to let our house out and use the rental income to cover the rent on a house in Brent. How likely are we to be given consent to let by Nationwide Building Society without being forced onto a BTL product.
  • I am currently remortgaging and investigating the flexibility of certain mortgage providers when it comes to consent to let. Nationwide Building Society is one of the lenders I am considering. How accommodating are they are far as consent to let is concerned?
  • I am interested in consent to let for my house mortgaged with Nationwide Building Society. How do I move forward? Do I have to call Nationwide Building Society and get them to agree?