Consent-to-let Help for Swansea Building Society

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

• I have just received a mortgage offer with Swansea Building Society. I am hoping to complete in the coming weeks, however I may potentially be moved abroad for work. Would it be possible for me to get consent to let from Swansea Building Society shortly after drawing down on the mortgage. Are there any other options open to me?
• My husband and I may be presented with an opportunity to work in a different office in the UK for a three months and wish to know if we can let our existing apartment. It is a two year fixed rate and we are three months into the mortgage with Swansea Building Society. We have lived at the property for nearly five years. The LTV is 65%. What are the chances of obtaining consent to let from Swansea Building Society? What can we expect in fees etc
• I have a current mortgage contract with Swansea Building Society and wish to clarify if it would be possible to seek consent to let out our three bed flat in Lambeth.

  The rationale for wishing to find tenants for the property are are due to: -

  • My wife and I will be moving to Hong Kong in January.
  • In renting out the house this will enable us to make some savings to support the migration process.
  • It would be pointless from a financial point of view to pay outright for a property which we are not residing in and by letting out the home this would be considered as an ongoing investment.

  If Swansea Building Society granted permission to us for renting we would suggest some financial assurances to include: -

  • Maintain paying the monthly mortgage payment directly from my bank account.
  • Use an approved letting agent who will provide a rent guarantee scheme as a further financial safeguard.
  • Provide our forwarding details for when we relocate.
• To what extent do the letting agents we rented through have a duty of care to have ensured that the landlord sought consent to let from Swansea Building Society?
• My fiance and I are planning to ask Swansea Building Society for consent to let out our home in Southwark. We are moving overseas for 2 years and would like to to let it out. I failed to check this out when we took the Swansea Building Society mortgage, and that was due to the fact that we never foresaw an opportunity would arise such as this so was planning on occupying the house.
• I have a mortgage with Swansea Building Society on a three year fixed rate. I could have an opportunity for a teaching job overseas next July. Would I qualify for consent to let by Swansea Building Society were I to accept this job abroad?
• We have a consent to let letter that I have obtained from my management company. I presume I need to send this with a letter to Swansea Building Society with a view to procuring consent to let from them. What address shall I post it to?
• I am trying to find out Swansea Building Society fees for conversion to consent to let from a fixed rate residential mortgage?