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Need professional advice for your consent to let with Principality 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: Principality Building Society consent to let

  • Is consent to lease required from Principality Building Society or can I lease out my property without telling Principality Building Society and having to convert to a B2L loan?

  • Under what circumstances will consent to let for a property be issued via Principality Building Society? How long do you have to have had the mortgage before consent to let can be obtained from Principality Building Society? In order to give you some perspective I am a young doctor in a home bought a few months ago. The ideal job opportunity requiring relocation to Newham on a permanent basis has come up. I would be looking at procuring consent to let in the first instance with a view to put a tenant in it to cover the expense of the Principality Building Society mortgage.
  • My husband is in the army and he has been posted overseas we would like to get something called 'Consent to let' from our lender Principality Building Society. Can you help me?
  • I have been renting out my flat to students for two years but not on a buy to let mortgage because I naively considered that you only needed a BTL if you had more than one property. In trying to buy a further property, I found that I should have had consent to let at the outset from my mortgage provider Principality Building Society. I'm curious as to whether I can now seek consent to let from Principality Building Society?
  • My OH and I are looking to ask Principality Building Society for consent to let out our house in Islington. We are moving overseas for three years and wish to let it out. I didn't check this out when we took the Principality Building Society mortgage, and that was purely because we never foresaw an opportunity would arise such as this so was planning on being in the house.
  • So this is the scenario: I am moving to become a non-UK resident. Potentially for a number of years. Nevertheless I will be on a 3 month trial period .I would like to know the criteria for consent to let from Principality Building Society and any costs to be incurred
  • I would like to know if I have a domestic mortgage with Principality Building Society and decide to lease it out, does the rate get jacked up and are there any associated charges for obtaining consent to let.
  • Six months ago I completed on a apartment with a Principality Building Society mortgage. However I am presently living with mother and father. I don't want to move in until next January due to personal reasons. In interim can I lease out the property with consent to let?