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.

Frequently asked questions relating to Nottingham Building Society consent to lease

  • Colin (my husband) and I may need to let our Westminster home for a while due to me taking a sabbatical. This will be short-term but possibly for as long as three years. Must I notify Nottingham Building Society or do I not rock the boat?

  • I have a Nottingham Building Society mortgage and have been letting out my apartment omitting to get consent to let, making me in breach of my mortgage terms and condition. I think I have come onto their radar that I am not living there. Is my best option is to dispose of the apartment before repossession?
  • I have rented out my maisonette in Harrow for the previous two years, and I didn't realise that I required consent to let. I would like rectify the situation. Would this be an issue?
  • I have a normal mortgage on a maisonette in Islington but have rented it out without letting Nottingham Building Society know this. I now need a consent to let letter. How can I get one?
  • I have a mortgage with Nottingham Building Society on a two year fixed term contract. I may have an opportunity for a teaching job abroad next year. Would I qualify for consent to let by Nottingham Building Society were I to accept this job overseas?
  • I want to take in lodgers for my studio flat in Brent which I live in. My mortgage is with Nottingham Building Society. Will they grant consent to let?
  • I am considering relocating with work and would need to rent my property out. I have a mortgage with Nottingham Building Society. My property is worth approx £185k and owe £48k on it. Do you think Nottingham Building Society increase my mortgage rate?
  • Is there a time limit on a consent to let from Nottingham Building Society? and do you need to get a new mortgage first or a general residential mortgage can just be changed to a consent to let after application?