Consent-to-let Help for Yorkshire Building Society

Sample questions relating to Yorkshire Building Society consent to let

• I spoke to a mortgage broker friend last recently. He said that if I decide to move abroad with my job for a period then I should not apply for consent to let from my lender (Yorkshire Building Society) until at least four weeks before I plan to let the house. Am I to understand that I have to find a tenant first and then obtain a consent to let?
• I have been stupid in not informing Yorkshire Building Society that I’m leasing my property out. In an ideal world I would like to do the right thing with as little adverse implication as possible. If Yorkshire Building Society says yes, is there any way of them knowing historically that the property was let without consent?
• I have a property in Lewisham with a Yorkshire Building Society mortgage but have not lived there for a while. My dad moved in but pays no rent. I currently live in rented accommodation and am keen to purchase a house. I have found a perfect property at reasonable price. I have sufficient for a deposit to use on the house I am interested in but would be hard pushed to pay enough off the old property to switch it to a buy to let loan simultaneously. Can I switch the current Yorkshire Building Society mortgage for my old property into a consent to let and use my reserves to pay a larger deposit for the residential mortgage on the property that I want to buy?
• We are in need of a larger house so our children don't have to bunk together. We are thinking about buying another house next year. Our house is estimated to be worth £240,000 and we have about £65k remaining on the Yorkshire Building Society mortgage. We would ideally like to keep this house if possible and lease it out with consent to let. Is it possible to get a mortgage on two properties at the same time or do we need to fully pay off our current mortgage first?
• My partner and I were curious as to whether it is possible if you own one property with consent to let from Yorkshire Building Society, to purchase another with a domestic mortgage to live in. Then once the consent runs out on the first property, to change to buy to let or sell it?
• My partner is considering buying a new property in Tower Hamlets and is getting a good deal as it needs renovating. We want to rent our current property for 2 years and come back to live. Will I be given consent to let by Yorkshire Building Society?
• I have had my mortgage with Yorkshire Building Society for the past eighteen months and I am interested in finding out some more information about the possibility of getting 'consent to let’.
• I am trying to find out if Yorkshire Building Society will grant consent to let in a situation where we need to move closer to relatives in a different house albeit that we may move back the future if circumstances change.