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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.

Nottingham Building Society consent to let: Q and A’s

  • We have a Nottingham Building Society mortgage and are have made overpayments to bring the loan amount down, in gainful employment etc. Do you know how much it will cost and if Nottingham Building Society are likely to give us consent to let without porting the loan to a new mortgage product?

  • I own a two bedroom first floor purpose built flat but I am seldom there, looking into the possibility of renting it out. My mortgage is with Nottingham Building Society, would I have to move onto a new mortgage deal or ought I try to get consent to let?
  • Existing flat worth £97,000. Outstanding home loan of £30k with 8 years to run. Obtain consent to let from Nottingham Building Society for current apartment and use rent to pay off remaining of mortgage. Apply for sixty % Nottingham Building Society mortgage on new flat that becomes my primary residence? Can this be done?
  • What is the procedures for obtaining consent to let from Nottingham Building Society? What documents do they need? is there a fee to pay? Is consent generally limited in time and if so, for how long? Do I need to renew it annually? What if I obtain a consent but decide to sell the property rather than rent the property out?
  • My OH and I are looking at new mortgages and also thinking of renting the property in the future - Is there a charge with Nottingham Building Society to get consent to let and what are the requirements?
  • We are looking to place my residential property on rent due to job commitments and was curious if this is possible to get consent to let. It is on a fixed rate mortgage with Nottingham Building Society at the moment until 2018 November
  • Would a previous extension to a mortgage term with Nottingham Building Society work against us when we sought consent to let from Nottingham Building Society.
  • My wife and I would like to rent out my home to be closer to my daughter's uni and take care of my father. How long will the consent to let take to get from Nottingham Building Society? 2 weeks?