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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.

Top Five Questions relating to Newbury Building Society consent to lease

  • My plan is to move house. The query I have is whether consent to let will be granted on my house for me to subsequently get a loan offer for the new house so I can put in an offer without being part of a chain and subsequently let my house out once I move. Will Newbury Building Society issue consent to let for a year? If so, and the rental goes to plan is it possible for the consent to let period be continued?
  • My mortgage with Newbury Building Society has been in place for less than a year but I recently found out I will soon lose my job. I would like advice on getting consent to let by Newbury Building Society
  • I have been in the Royal Navy for five years and planning to acquire a house with a Newbury Building Society mortgage. I would like to obtain consent to let this property to my sister. In years to come I plan to reside in the property myself when my military career comes to an end. Is this possible?
  • Is it possible that lenders (I have a mortgage with Newbury Building Society) may start taking a more relaxed approach towards consent to let? A broker suggested that Buy to let mortgages are not regulated by the FCA whereas residential mortgages are. Therefore if I transfer from a homeowner to a BTL I am moving to a regulated product. He said that under the current regulation lenders are wary of letting borrowers do this, which may explain why some banks will allow borrowers apply for consent to let but not move to a BTL product. Is this correct?
  • I am looking for information on what are acceptable reasons for leasing a property when it comes to seeking consent to let from Newbury Building Society? Can you assist?
  • My current mortgage is with Newbury Building Society, but I have to get consent to let for approximately 12 months as my partner is unwell and is struggling to balance work with the hectic environment we are living in. We want to take time off for a year (by living near her mother and stepfather and having support) in a greener more relaxed part of Liverpool.
  • My circumstances have changed, and I would like to rent my place out - meaning consent to let- I have approx £175K loan with Newbury Building Society and currently 90k equity I need to avoid the early repayment fees.
  • I was wondering if you could help. I require consent to let from Newbury Building Society and was wondering if this option is available to me to switch to as I have to move back home to look after my mum