Need Help?

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

Sample questions relating to Nottingham Building Society consent to let

  • I moved out of my apartment about five months ago but didn't get around to get a consent to let letter, partly because the mortgage fix rate period is ending next month and I am thinking about a remortgage anyway. I want to ask for the letter now, is that going to be tricky?
  • We are currently in Hong Kong and letting out our apartment in the UK. This is not something we planned but an opportunity presented itself and we took it. The rent we make on the flat is not enough to cover the mortgage so we transfer funds each month to cover the difference. Yesterday I got a letter in the mail from our lender telling me that as the property is being let out and has been for nearly three years we will have to pay 1.5% interest on top of our current mortgage rate. One option is to sell the apartment but this will be difficult as I am on the other side of the world. Would it be possible to remortgage with Nottingham Building Society and get consent to let?
  • I have been serving in the Royal Air Force for five years and intending to purchase a home using a Nottingham Building Society mortgage. I would like to obtain consent to let this property to my sister. In the future I plan to live in the property with my wife and kids when I leave the Royal Air Force. Will I need to apply to my superior officer to request permission to rent it out?
  • I have been renting out my flat to students for three years but not on a buy to let mortgage because I thought that you only required a buy to let if you had more than one property. In trying to acquire a further property, I discovered that I should have obtained consent to let all along from my mortgage provider Nottingham Building Society. I'm enquiring whether I can now seek consent to let from Nottingham Building Society?
  • My husband and I are the registered owners of a property in Manchester with Nottingham Building Society and am moving to rent a property in Cambridge due to work. Is consent to let from Nottingham Building Societypossible? I only want to lease out the flat for six to nine months before selling.
  • I could potentially need consent to let from Nottingham Building Society in the future with work. I am just exploring what the options would be if this was the case. Is there a limit on the length one can let out your property with consent?
  • Please could you clarify what the process would be if we move to a second house and need to apply for consent to let for our existing mortgage with Nottingham Building Society
  • I am looking at an offer to work overseas and have been advised that I need to let Nottingham Building Society know so my mortgage is under consent to let? Please could you clarify the best way to go about this?