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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.

Examples of recent questions relating to Skipton Building Society consent to let

  • Will Skipton Building Society activate a right to change the rates on a homeowner mortgage where Consent to Let at any time, onto ‘rates in line with their BTL loans'?

  • Me and my wife reside in a marital property where there exists some vacant bedrooms. We are looking into the option of establishing an holiday rental style business to rent half the home out on a check-in and check-out basis. Do you know this kind of thing acceptable in accordance with Skipton Building Society’s standard 'consent to let' Terms?
  • My husband and I have just sorted our rates for another fixed five years with Skipton Building Society. Some weeks later, I went to an interview and basically I accepted the job offer in Hounslow. I'm going to rent a one bed flat for the family in Westminster as we don't want to sell the house and moreover we might come back before two years.... We really have no idea how things will work out. We called Skipton Building Society but we would like also your take on the situation. How is it to receive consent to let in that case as we secured a fixed 5 years rate we really don't want to swap this.
  • I am looking for some precautionary advice to see consent to let is a feasible option. I completed the purchase of my flat 7 months ago by transferring an existing Skipton Building Society mortgage product. My fixed rate ran out four months ago. I'm currently deliberating moving in with a new partner who has his own property and mortgage also with Skipton Building Society, which I would not seek to be added to. I don't wish to sell my property yet because I'm unsure of whether the new move will work out. I don't want to change to a B2L mortgage yet for 2 reasons: 1) I need to find out whether letting my property is a viable option for myself and 2) I need to raise additional capital to meet the 65% LTV ratio required for a BTL loan. It would be preferable to obtain consent to let from Skipton Building Society for 1-2 years in order to be more secure in becoming a possible landlord and to raise the capital. If at the end of the consent to let period I was unsure I would probably either sell my property or, depending on the new relationship working out, resume living there.
  • Hi my partner and I own and live in 2 separate properties can I obtain consent to let from Skipton Building Society and let my one bedroom ground floor purpose built maisonette out if I move in with her?
  • Will Skipton Building Society choose to exercise a right to change the rates on a domestic mortgage where Consent to Let at any time, onto ‘rates equivalent to their BTL range'? Can one refinance on a consent to let with Skipton Building Society?
  • I may be looking to let out my property and wondered what I would need to do to negotiate consent to let by Skipton Building Society. I may be emigrating permanently.
  • Is consent to let a cost efficient way of renting out your property? Isn't this a loophole for some borrowers to exploit?