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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.

Questions and Answers: Norwich and Peterborough Building Society consent to let

  • Finding myself in an impossible situation with a Consent to Let home loan. In response to requesting consent to let the lender has asked me to provide them with a signed tenancy agreement prior to issuing permission. Is is not the case that if I adhered to their request that I would be breaching the lender’s terms and conditions?

  • I wish to move house. My question is whether consent to let will be given on my house for me to subsequently get a loan offer for the new house so I can put in an offer without being part of a chain and subsequently rent my property out should I move. Does Norwich and Peterborough Building Society issue consent to let for 6 months? Assuming the letting goes well can the consent to let time limit be extended?
  • My OH and I may have to let his studio flat out. I realise that I require consent to let by Norwich and Peterborough Building Society. We plan on joining a landlord association if we go ahead and let the property, but which one should we register with? We've seen the RLA and National Landlords Association.
  • I have a question concerning consent to let. The property has a mortgage against it with Norwich and Peterborough Building Society (with a large chunk of equity). We are planning to move out of Bristol and if at all possible wish to lease out our house with consent to let from Norwich and Peterborough Building Society and use the income from that to help secure a 2nd mortgage for a house to live in. What is the best way to fund a second mortgage without selling my old property and using the equity as a deposit for the new property. Is there anyway I can change my old mortgage to a buy to let mortgages or obtain consent to let and take on a second mortgage without having a deposit to put down.
  • My personal situation has changed, and I would like to lease my place out - meaning consent to let- I have approx £140K loan with Norwich and Peterborough Building Society and currently 85k equity I need to side-step the redemption penalties.
  • I was just wondering if Norwich and Peterborough Building Society were picky when giving out consent to let. I sent my request on date and I am waiting to hear back. Should I start chasing or wait for a bit longer?
  • Norwich and Peterborough Building Society - consent to let potential. Do you have experience of the process with this lender? Do they have a minimum period prior to changing to this and a minimum LTV?
  • I am fixing my residential mortgage with Norwich and Peterborough Building Society but as a result of my job I will probably have to go abroad for few years. Will Norwich and Peterborough Building Society allow and give consent to let and there be any penalty