Need Help?

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.

Recently asked questions relating to Principality Building Society consent to lease

  • I plan to ask Principality Building Society to obtain consent to let out my home in Principality Building Society. However the property has been on with agents for 6 weeks but there without a sniff of interest and forking out for a full mortgage, council tax and insurance on unoccupied house is draining me financially. What approach would Principality Building Societytake if I market the property?

  • I've got a current mortgage with Principality Building Society coming up to twenty four months and the fixed rate is due to be renegotiated. We are looking at taking equity from our current place to allow us to buy a bigger house and then rent out the existing two bedroom second floor purpose built maisonette. We have had initial advice that we should get a new residential mortgage with a consent to let - can you explain what this is?
  • My daughter is going to work abroad for three years and would like to lease her flat out. She has a Principality Building Society fixed rate mortgage on repayment and wants consent to let the property as well as transfer to interest only. What does she need to do?
  • My husband have an offer accepted to purchase a property, we have a deposit of between 10-15% for a homeowner mortgage with Principality Building Society. The small issue is we may leave the country in two months for work. We are going through our financial adviser. He says if you tell this to the lender in advance you will need to get a buy to let. Do go ahead with residential mortgage with Principality Building Society, shortly thereafter ask them if I can have consent to let? Otherwise, do we try and speak to Principality Building Society at this point and disclose there is a possibility we will move abroad in the future (I have not signed anything as yet to move abroad) and see if they agree before hand that it wouldn't be an issue
  • My fiance and I invested in buying a property in Hendon with Principality Building Society and am moving to rent a property in Devon due to work. Is consent to let from Principality Building Societyavailable? I only want to let out the flat for half a year before selling.
  • We are applying to switch lender to Principality Building Society for a fixed rate but the likelihood is that I would need to rent the flat out for just under one year. Do Principality Building Society consent to let on fixed rate home loans and if so, what are the procedures.
  • My partner and I have a mortgage with Principality Building Society but am informed they have a policy that they refuse to grant consent to let the property to a local authority. Is this right and if so, can you suggest a method to bypass this?
  • I would like advice as to how to go about gaining consent to let from Principality Building Society and what, if any, fees apply.