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Need professional advice for your consent to let with Newcastle 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: Newcastle Building Society consent to let

  • Finding myself in a difficult predicament with a Consent to Let mortgage. Reacting to my requisition for consent to let the bank has asked me to provide them with a signed tenancy agreement before they will grant consent. If I get a signed tenancy agreement would I not be violating the lender’s terms and conditions?

  • Is it permissible to rent out our property in the absence of consent to let from our lender? I recognise that initially we signed a contract saying it wouldn't be a buy to let property and that we are not the owners of other property. I know you can't use help to buy if you owned other property at the time, but what about property after the event? Can one acquire a further property, receive a gifted property?
  • In the coming months I would like to move home and I am enquiring if I can get consent to let on my property then get a mortgage approval for the new house so I can put in an offer without being part of a chain and then rent my property out once I move. Will my lender Newcastle Building Society grant consent to let for a year if they know I am looking to buy somewhere else or only if I am relocating temporarily with work?
  • My fixed rate mortgage with Newcastle Building Society ends 13th July. I am about to move to Manchester with work in November. I wish to let out the house temporarily. Can I get a consent to let the property?
  • I currently have a mortgage with Newcastle Building Society, but I am going to move out for around a year as we need to be closer to my partner's mum. Will Newcastle Building Society give consent to let?
  • I am thinking about renting out my house with consent to let from Newcastle Building Society, what charges should I expect to pay?
  • I wishing to obtain consent to let for my property as I am moving out for six months currently fixed Newcastle Building Society mortgage with two years which is up on July next year.
  • I am fixing my homeowner mortgage with Newcastle Building Society but due to work related issues I may have to live abroad for a couple of years. Will Newcastle Building Society allow and give consent to let and will any penalties be applied in such a situation