Need Help?

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.

Common questions relating to Newbury Building Society consent to lease

  • I currently let out my flat in Harrow. I didn't obtain consent to let. I moved to Surrey for work relocation purposes and couldn't do a commute but was nervous that Newbury Building Society would charge me silly money so I decided to take the risk. I'm hoping to legitimise it now... basically carry on letting it but with consent. What course of action do I take now?
  • I have to move my daughter’s school by early-January and move to a new area. there is insufficient time to sell my house.The short term option is to let my house out. Currently I have buildings and contents insurance. Am I obliged to take out a different insurance? Do I need consent to let via my mortgage company Newbury Building Society
  • Much to my surprise I have just been presented with a once in a lifetime career opportunity for 9 months overseas. I have enough money to pay the monthly Newbury Building Society mortgage yet the buildings insurance requires continuous residency in order to be valid. Last December the roof suffered storm damage but was repaired. Should there be any problems through the winter months I would struggle to afford repair costs. Will I qualify for consent to let from Newbury Building Society for a limited period?
  • How long does it take to get consent to let via Newbury Building Society and is there a minimum period of time I should have had the mortgage for?
  • My wife and I wish to move home and have identified a property we wish to purchase so are considering letting out with consent to let from Newbury Building Society for our current property to enable us to place an offer and not miss out on the potential new property.
  • We have a new mortgage however my girlfriend doesn't feel safe in the property due to other tenants in the block. I know that many lenders have a half year rule before consent to let - does this apply to all lenders. Is there any way Newbury Building Society would allow it from day one?
  • Just wanted to know what needs to be provided to Newbury Building Society in order to get consent to let? I just finished a three year fixed mortgage and potentially moving to another apartment with my partner.
  • Do you know if there is normally a maximum loan to value amount before Newbury Building Society will grant consent to let?