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.

Common questions relating to Principality Building Society consent to lease

  • I am three years into a five year fixed term mortgage and have accepted an overseas job so wish to rent out my property for a couple of years. My equity is in the region of 50%. Are you able to clarify whether Principality Building Society will increase my interest for consent to let for a couple of years?
  • Your view would be appreciated as to whether consent to let from Principality Building Society is the correct strategy for me. I acquired my property last March by porting a Principality Building Society mortgage product. My fixed rate ran out 4 months ago I'm weighing up moving in with a new partner. I don't want to sell my house yet because I have no idea as to whether the new move will work out. I just wanted an idea of whether a consent to let from Principality Building Society would be possible?
  • My wife and I are hoping to utilise equity in my existing house to acquire an additional property which I propose to live in whilst I renovate it. My preference is to let out my current property with the Principality Building Society loan. I was just looking for a general view on whether Principality Building Society currently allows consent to let? House is valued at £300 k with a £125k home loan in place.
  • I have a normal mortgage on a garden flat in Bexley but have rented it out without letting Principality Building Society know this. I now require a consent to let letter. How can I get one?
  • I was just enquiring if Principality Building Society were picky when considering consent to let. I sent my request on date and I am waiting to hear back. Should I start chasing or wait for a bit longer?
  • Can I remortgage to Principality Building Society from my current lender, with a consent to let or do I need a let to buy loan, and if so what are the LTV's?
  • Will Principality Building Society give consent to let my property? I have an existing homeowner mortgage, never had arrears and have been with Principality Building Society for about five years now. What charges am I likely to incur
  • I wish to get consent to let from Principality Building Society for a couple of years at which point I hope to switch to a BTL. Is this possible