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 query does not relate to consent to let, I was wondering if you have an contact details for a dedicated Nationwide Building Society help desk who processes consent to let applications. Nationwide Building Society has a first charge over my home.
  • I want a bit of initial advice to consider if consent to let is a sensible option. I completed the purchase of my apartment 8 months ago by porting an existing Nationwide Building Society mortgage product. My fixed rate expired four months ago. I'm currently considering moving in with a new partner who has his own property and mortgage also with Nationwide Building Society, which I would not seek to be added to. I don't want to sell my property yet because I'm unsure of whether the new move will work out. I don't want to transfer to a B2L mortgage yet for 2 reasons: 1) I need to discover if it is a marketable property with rents higher than my mortgage payments and 2) I need to come up with extra capital to meet the 65% LTV ratio required for a buy to let loan. Ideally I would like to receive consent to let from Nationwide Building Society for 1-2 years in order to be more secure in becoming a possible landlord and to generate the capital. If at the end of the consent to let period I was unsure I would probably either sell my property or, depending on the new relationship working out, move back to it.
  • We are planning on acquiring a house, letting a couple of the bedrooms out to help cover the loan with Nationwide Building Society, and then moving on in two or three years - at which point the property would be fully rented. How likely is it that Nationwide Building Society would look at this unfavourably as I will have been given a owner-occupier mortgage as opposed to a B2L or consent to let? I've read that in extreme situations they can sue for mortgage fraud, is this true?
  • Our fixed rate mortgage with Nationwide Building Society comes to an end on 21st October. I am required to relocate to Manchester for my Job in April. I wish to lease out the house in the short term. Can I get a consent to let the property?
  • I have a Nationwide Building Society mortgage currently and may wish to let it out for a short period of time with consent from Nationwide Building Society for (1 year). How easy is it to obtain consent to let?
  • We have a consent to let letter that I have attained from my management company. I would think I need to attaching this with a letter to Nationwide Building Society with a view to getting a consent to let from them. What address shall I post it to?
  • I have Nationwide Building Society mortgage and am considering renting out the property. I understand I would need a consent to let to do that right ?
  • What, if any, income requirements do Nationwide Building Society set for consent to let on an existing domestic mortgage?