Need Help?

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.

Examples of recent questions relating to Newcastle Building Society consent to let

  • In what situations will consent to let for a property be given via Newcastle Building Society? For what period of time do you have to have had owned the property before consent to let can be negotiated with Newcastle Building Society? By way of background I am a young accountant in an apartment purchased a matter of months ago. The ideal job opportunity requiring moving to Brent permanently has arisen. I would be looking at obtaining consent to let in the first instance in order to renting the property out to offset the costs of the Newcastle Building Society mortgage.
  • What information do Newcastle Building Society expect to have to make a decision on consent to let. I am on a 5 year fix with them. I have always paid the mortgage on time. I am looking at moving to Hounslow due to the family getting bigger. My financial situation has not changed and in fact my annual income has increased by 20% since I applied for the mortgage out.
  • I applied for consent but I did not get it as I did a remortgage in May but Woolwich does not give consent if mortgage is less than 6 months old. Now I am worried when 6 months is gone are they going to find some other criteria that will not be ok. On the other hand I can remortgage with Newcastle Building Society but will they give me consent straight away?
  • Since we are relocating and unable to find a buyer for our property, we are mulling over renting it out. Am I duty bound to disclose this to Newcastle Building Society? I have a hunch that Newcastle Building Society might change our terms. I thought if you continued making my monthly payments it shouldn't be a problem, but am now concerned about insurance implications if we haven't got consent to let. Any feedback?
  • What is the longest period that Newcastle Building Society is willing to issue Consent To Let for?
  • I’ve already let but only just realised Newcastle Building Society should've been notified and consent to let sought - what's the best course of action now?
  • Do Newcastle Building Society offer consent to let? I am just considering this as an option if I move house in the coming months
  • We need to contact Newcastle Building Society to enquire about leasing out my house. Do they send an application to me. Is there a form I can download?