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Need professional advice for your consent to let with Norwich and Peterborough Building Society? There are various implications when it comes to letting out your property with an existing residential mortgage - you should seek professional assistance.

Norwich and Peterborough Building Society Consent to Lease Example Support Desk Enquires

  • Can you clarify if consent to let obligatory from Norwich and Peterborough Building Society or can I lease out my basement flat without telling Norwich and Peterborough Building Society and being forced to switch to a B2L mortgage?

  • I am employed by letting specialists in loc and have been ask but a prospective tenant of a property for evidence of the ‘consent to let’ from the owners lender Norwich and Peterborough Building Society. Is there a new law that has triggered this question?I have not come accross this before, is this a new legal requirement?

  • What options are open to me if my application for consent to let is subsequently refused by Norwich and Peterborough Building Society?

  • We have an existing mortgage with Norwich and Peterborough Building Society and wish to clarify if it would be possible to gain consent to let out our ground floor flat in Newham.

    The purpose for wanting to rent out the property are as follows: -

    • My family and I will be relocating to India next spring.
    • In renting out the house this will enable us to make some savings to assist with the migration process.
    • It would be pointless from a monetary point of view to pay outright for a property which we are not residing in and by renting out the property this would be deemed as an ongoing investment.

    If Norwich and Peterborough Building Society agreed that we are able to proceed with renting we would suggest some financial commitments to include: -

    • Maintain paying the monthly mortgage payment directly from my bank account.
    • Retain the services of an approved letting agent who will provide a rent guarantee scheme as a further financial protection.
    • Provide our forwarding details for when we relocate.
  • I have a Norwich and Peterborough Building Society home loan currently and may want to let it out for a limited period of time with consent from Norwich and Peterborough Building Society for (1 year). How long does it take to obtain consent to let?
  • I’m about to finish the fixed rate period of my three year fix with Norwich and Peterborough Building Society and switch on to the current variable rate. I would like to know if consent to let from Norwich and Peterborough Building Society is a foregone conclusion, if there are fees, and if there conditions?
  • My partner and I have a owner-occupier mortgage with Norwich and Peterborough Building Society and are considering obtaining consent to let so that we can apply for a further mortgage on another property that I own on a buy to let basis. Before we apply We would be interested to know the repercussions if any of making the change and any facts that we need to be aware of.
  • I am enquiring as to whether there are any charges in getting consent to let on a leasehold property when I have a mortgage with Norwich and Peterborough Building Society