Need Help?

Need professional advice for your consent to let with Swansea 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 Swansea Building Society consent to let

  • I want to acquire a second property having recently bought a maisonette on normal mortgage. Plan to purchase in a few months time. I am told that I may need consent to let from Swansea Building Society, my current mortgage provider? What is the best way to manage this and gain the consent required.
  • My house had been tenanted for three years from 2010-2013 while living overseas. I have a letter dated June 2010 from my building society granting consent to let. In the letter it clearly stipulates that the consent to let is valid for "the remaining term of the mortgage". I have not changed product since the letter was sent. I now plan to move house and rent out my existing house. However, my IFA has suggested that the 2010 consent to let letter may not be sufficient for the new lender Swansea Building Society for the property I intend to buy.Your view would be appreciated
  • I am intent on acquiring a property, letting two of the bedrooms out to help cover the mortgage with Swansea Building Society, and then moving on in a few years time - at which point the property would be fully tenanted. Is it likely that Swansea Building Society would look at this unfavourably as I will have been granted a non-commercial homeloan as opposed to a B2L or consent to let? I've heard that the worst possible outcome is that they can repossess the property, is this correct?
  • Last month I got married and my wife and I would like to purchase a family home in the coming year, whilst keeping our two bedroom first floor purpose built flat in Tower Hamlets we currently live in to rent out. Mortgage on the flat is with Swansea Building Society. I don't want to put myself in a situation with two residential properties only to be refused consent to let.
  • My partner and I are looking to ask Swansea Building Society for consent to let out our home in Tower Hamlets. We are moving overseas for 2 years and need to let it out. I didn't check this out when we took the Swansea Building Society mortgage, and that was purely because we never foresaw an opportunity would arise such as this so was planning on occupying the house.
  • I am looking to Swansea Building Society to grant consent to let out my home in Southwark. I am moving to Holland for 5 months for work.
  • I have a mortgage with Swansea Building Society on a three year fixed rate. I may have an opportunity for a teaching post overseas next year. Am I eligible for consent to let from Swansea Building Society if I took this opportunity abroad?
  • I am interested in consent to let for my home mortgaged with Swansea Building Society. How do I proceed? Do I have to contact Swansea Building Society and get them to agree?