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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

  • My lender has placed me between a rock and a hard place with a Consent to Let mortgage. In response to requesting consent to let the bank has requested evidence of a signed Assured Shorthold Tenancy before they will grant permission. If I get a signed tenancy agreement would I not be breaching the lender’s terms and conditions?

  • My granddaughter is going to work abroad for two years and would like to rent her property out. She has a Newcastle Building Society fixed rate mortgage on repayment and wants consent to let the property as well as switch to interest only. What does she need to do?
  • I would appreciate some feedback as to whether consent to let from Newcastle Building Society is the correct strategy for me. I purchased my house six months ago by porting a Newcastle Building Society mortgage product. My fixed rate ran out two months ago I'm weighing up moving in with a new partner. I don't want to sell my house yet because I'm unsure of whether the new move will work out. I just wanted an idea of whether a consent to let from Newcastle Building Society would be possible?
  • Require some help regarding renting a property and consent to let. Later this year I intend to move in with my fiance. The council would like to rent my flat for five year commitment with rent and service charges covered. The mortgage is with Newcastle Building Society. Please advice
  • My fiance and I have a consent to let letter that I have attained from my management company. I would think I need to attaching this with a letter to Newcastle Building Society with a view to securing consent to let from them. What address shall I forward it to?
  • Will Newcastle Building Society choose to operate a right to convert the rates on a standard mortgage where Consent to Let at any time, onto ‘rates equivalent to their Buy to Let range'? Can one remortgage on a consent to let with Newcastle Building Society?
  • Is there flexibility in the accepted equity amount before switching from an existing Newcastle Building Society mortgage to a consent to let?
  • We need to contact Newcastle Building Society to enquire about letting out my home. Do they send a document to me. Is there a form I can download?