Need Help?

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

Sample questions relating to Skipton Building Society consent to let

  • I have a residential mortgage over my home in loc with the intention of relocating overseas to country for two years. During this time it would be ideal if I could let out my flat. My mortgage provider says I cannot have consent to let. I don’t really want a buy to let mortgage as it’s only a short term option that I am going away for.

  • Me and my partner are intending to purchase a garden flat with a £20,000 deposit with the intention of moving in. Somewhat fortuitously the in-laws have plans to move to Spain for a year or two so we plan to move into the in-lawsBrent bungalow to "housesit". If we were to go ahead with a residential mortgage with Skipton Building Society would we likely encounter any issues with gaining consent to let ?
  • What is the process for obtaining consent to let from Skipton Building Society? What information do they require? is there a fee to pay? How long the consent is valid for? Do I need to renew it annually? What if I obtain a consent but decide not to let out the property?
  • I currently have a mortgage with Skipton Building Society and the loan to value is currently 60% with the Skipton Building Society current book value and would like to buy a further property but do not want to sell my current property at the current market value. I have had CTL from NRAM on a previous property so know a bit about them and I also have buy to let with Accord on another property. Does the expected rental income on a consent to let with Skipton Building Society need to exceed the mortgage repayments? I have a fixed rate which I tied into a fixed rate and left the term at 19 years so it was paid off as early as possible, obviously this leaves with quite a high monthly repayment.
  • Circumstances: I am moving to Paris as part of a promotion. Potentially for a number of years. Nevertheless I will be on a four month trial period .I would like to know the criteria for consent to let from Skipton Building Society and what fees are to be incurred
  • Do you know if I can keep my existing residential mortgage with Skipton Building Society if I start renting out? If the consent to let is given will they tie me into an increased rate?
  • I am looking for consent to let for my flat as I am moving out for nine months currently fixed Skipton Building Society mortgage with three years which is due in May next year.
  • I am currently remortgaging and investigating the flexibility of certain lenders when it comes to consent to let. Skipton Building Society is one of the lenders I am considering. How accommodating are they when it comes to consent to let?