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.

Sample questions relating to Newbury Building Society consent to let

  • Finding myself between a rock and a hard place with a Consent to Let home loan. In response to requesting consent to let my lender has requested evidence of an executed AST before they will grant consent. Is is not the case that if I adhered to their request that I would be violating the terms of my existing mortgage?

  • Under what conditions will consent to let for a property be given by Newbury Building Society? For what period of time do you have to have had ownership of the property before consent to let can be granted by Newbury Building Society? By way of background:Our home is a very small mid terrace house which is too small for us, my husband is also unwell and we are far away from family who could offer us a bit of relief, in the form of babysitting. I am looking at obtaining consent to let initially with a view to put a tenant in it to cover the costs of the Newbury Building Society mortgage.
  • I purchased a house a couple of years ago in Liverpool when I worked locally. I got a new job which necessitated working in Wimbledon. I drive down on Saturday afternoon and live with a cousin mid week. I decided on relocating with the family to avoid the commute. I am considering the possibility of renting out my existing home. My mortgage is with Newbury Building Society, would I have to move onto a new mortgage rate or ought I try to get consent to let?
  • I have a one bedroom apartment in Redbridge let out which has a fifty year lease. Mortgage broker suggested I should refinance (currently with Newbury Building Society) as a buy to let instead of consent to let and release 65-70k which on top of a new homeloan based on income multiples would give me a budget of £200k. Limited available in Enfield for me to get my own place. A lease extension will cost 19k. Not sure sure whether to hold on or sell the flat?
  • I already have a mortgage with Newbury Building Society, but I am going to move out for around 12 months as we need to be closer to my wife’s mum and dad. Will Newbury Building Society grant consent to let?
  • I may be looking to lease out my property and wondered what I would need to do to obtain consent to let by Newbury Building Society. There is a possibility that I might be moving abroad for nine months.
  • Do you have the address to which a Consent to Let request to be sent for Newbury Building Society? Sorry about bothering you with this query.
  • I took a residential mortgage with Newbury Building Society. I purchased the property in September last year. How difficult will it be to get consent to let.