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

Recently asked questions relating to Yorkshire Building Society consent to lease

  • My husband and I recently sorted our rates for another fixed period with Yorkshire Building Society. Some weeks later, I went to an interview and basically I accepted the job offer in Lewisham. I'm going to rent a two bedroom flat for me and my family in Hounslow as we don't want to sell the house whist there is a possibility that we come back before two years.... We really have no idea how things will work out. We have contacted Yorkshire Building Society but we would like also your point of view please. Is it possible to get consent to let in that case as we just got a fixed 5 years rate we really don't want to swap this.
  • I took out a new mortgage with Yorkshire 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 2nd property for residential purposes and rent the existing property out with consent to let. Is that likely to land me in a lot of bother?
  • Earlier this week I received a DIP from Yorkshire Building Society for a freehold property. I have applied via a broker. It is a capital and interest mortgage. I am curious as to what is the main criteria Yorkshire Building Society adopt in order to allow borrowers consent to let? Is consent to let based on the rental amount for a property?
  • Me and my husband are in a complex mortgage scenario currently. We have to lease our home with consent to let and move to a new due to schooling. We are about to rent a home. We are finding it very difficult to find a better mortgage deal for our consent to let home. Is there is a list available as to which lenders grant consent to let and what their conditions are?
  • My personal situation has changed, and I wish to rent my place out - meaning consent to let- I have approx £200K loan with Yorkshire Building Society and currently 100k equity I need to side-step the redemption penalties.
  • We have a standard variable rate mortgage with Yorkshire Building Society and are deliberating on obtaining consent to let so that we can apply for a further mortgage on another property that I own on a buy to let basis. Ahead of applying I would like to know the connotations of making the change and any facts that we need to consider.
  • Yorkshire Building Society - consent to let potential. Are you able to advise on the process with this lender? Do they have a minimum period prior to changing to this and a minimum LTV?
  • I am relocating for work for up to 12 months... I was wondering if I was able to gain from Yorkshire Building Society consent to let the house out while I was away as I do not want to leave it vacant for that period