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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.

Frequently asked questions relating to Swansea Building Society consent to lease

  • My fixed rate runs out mid 2017 and I'm planning on fixing for another three years with Swansea Building Society, hopefully rates will remain low. In in next couple of years I may wish to move for a couple of years to a different city. How simple is it to get consent to let from Swansea Building Society under this situation? Assuming that monthly rent payments would be about £175 more than the Swansea Building Society mortgage payments.
  • I refinanced with Swansea Building Society recently, borrowing extra with the intention to extend the property. That plan has proved not to be possible and I now intend to purchase a second property as my primary home and let the old property out with consent to let. Is that likely to be problematic?
  • The likelihood is that I will have the opportunity to work abroad in a couple of years. I am therefore potentially downsizing to a newer property in Havering which I could rent out more easily as and when required. I would aim to keep 50% equity in the new apartment which would be my home for a while. My current mortgage provider limits consent to let for 12 months. I suspect renting it out longer term and not having consent could result in a whole host of problems. Buy-to-let seems wrong given that I will be living there, perhaps for 2-3 years initially. What product should I be seeking, and from whom? Do lenders such as Swansea Building Society issue consent to let for more than a year?
  • I acquired a one bedroom apartment in Haringey one year ago and have a three year fixed rate mortgage with Swansea Building Society. Looking to move in with my girlfriend imminently and would like to rent my property. Just want to know the process.
  • This is not a question specific to Swansea Building Society but do lenders usually provide the information I need for my Buy to Let or Consent to Let self-assessment tax returns?
  • As a result of work opportunities I will be moving to Belfast and would like to let out my flat temporarily, please let me know what steps I need to take in order to achieve consent to let from Swansea Building Society?
  • My wife and I wish to move home and have found a house we wish to purchase so are considering letting out with consent to let from Swansea Building Society for our existing property to enable us to place an offer and not miss out on the potential new property.
  • I am interested in consent to let for my house mortgaged with Swansea Building Society. How do I proceed? Do I have to contact Swansea Building Society and get them to agree?