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

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

  • We have a Penrith Building Society mortgage and are have made overpayments to bring the loan amount down, in gainful employment etc. Can you tell me how much the fees are and if Penrith Building Society are likely to give us consent to let without porting the loan to a different deal?

  • I'm currently locked into a rental contract until May and am buying a flat. Would my mortgage provider Penrith Building Society have an issue with consent to let until my tenancy ends and then moving in?
  • We are first-time buyers, presently renting. We would ideally like to buy a studio flat in Southwark. We want to move there, but will need to wait for a job - perhaps 2-3 years. Would we have to get a B2L mortgage? Would it be possible to have a residential mortgage with Penrith Building Society, because we intend to move there soon? Or could we move there for a short period of time , then start renting it with consent to let from Penrith Building Society? I'm only willing to consider suggestions that are entirely legal, and wouldn't breach the provisions of the Penrith Building Society mortgage.
  • My husband and I have just sorted our rates for another fixed five years with Penrith Building Society. However, I attended an interview and basically I accepted the job offer in Enfield. I'm going to rent a small flat for me and my family in Havering as we don't wish to sell the house whist there is a possibility that we come back before two years.... We really have no idea whether it will work out. We called Penrith Building Society but we would like also your take on the situation. Is it possible to have a consent to let in that case as we secured a fixed 5 years rate we would not want to lose this rate.
  • Iwant to let our home and purchase another. Can Penrith Building Society refuse to grant me consent to let?
  • I am already letting out my property but may have sussed what has been going on. I have five months left on my fixed rate. How straightforward is it to get consent to let from Penrith Building Society. Is it just a quick phone call, pay the charge and it's done there and then?
  • My wife and I have a mortgage with Penrith Building Society on our studio flat in Waltham Forest. We are hoping to buy a new house to move into. How do I move our existing mortgage on to consent to let?
  • I need to contact Penrith Building Society to enquire about renting out our home. Will they post a form to me. Can I not download this from the site?