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

Questions and Answers: Newbury Building Society consent to let

  • I have a friend who is thinking about leasing their house out and moving in with partner. The property is in Brent and has a £95k home loan with Newbury Building Society. What would she need to do to get consent to let if she decides to move forward.
  • A few months ago I rented out my ground floor flat having been given Consent to Let with my MP. 6 months have now gone by and they have loaded my mortgage rate as forewarned. I am unable to switch to a more favourable product with them, as they will revoke my consent to let. Were I to go with an alternative mortgage company for instance Newbury Building Society, would I need to obtain a B2L loan or could I simply refinance and gain consent to let?
  • We are planning to let my property for 12 months from 26th October 2015. Is there a template letter I can use to write to Newbury Building Society to apply for consent to let.
  • Due to a change in personal circumstances my wife and I are moving to my parents house while they are away and letting our flat out. What is best way to approach my mortgage lender for a 'Consent-to-Let' ? We will need to refinance in the next twelve months will we then have to move to a BTL product. We intend to return to our property at within the next twelve months?
  • My GF is in the process of buying a new property in Westminster and is getting a good deal as it requires renovating. We want to rent our current property for two years and then return. Is there anything in the Terms and Conditions of my Newbury Building Society mortgage to say I can rent it out or do I need specific consent to let?
  • I am already renting out my property but may have been sussed out. I have four months remaining on my fixed rate. Is it simple to get consent to let from Newbury Building Society. Is it just a quick phone call, pay the fee and that's it?
  • What, if any, income criteria do Newbury Building Society set for consent to let on an existing domestic mortgage?
  • I got a residential mortgage with Newbury Building Society. I purchased the property in September last year. What are the options and criteria for consent to let.