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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.

Yorkshire Building Society consent to let: Q and A’s

  • I rent out my property in Greenwich. I didn't obtain consent to let. I moved to Ashford for work and couldn't do a commute but was nervous that Yorkshire Building Society would charge me a small fortune so I decided to take the risk. I'm hoping to legitimise it now... basically carry on letting it but with consent. Can you offer any advice as to how I go about doing this?
  • I have a mortgage with Yorkshire Building Society however my husband and I will be moving to the US in December. The mortgage is in my name yet it is my husband's job that is taking us abroad how do I answer the question: 'please indicate why you wish to let the property':
  • I'm one year into a two year fixed mortgage with Yorkshire Building Society. The LTV is just 35%. I've found a really good deal on a garden flat in Southwark which I don't want to miss. It seems the only way I can get this other property is to release most of the remaining equity. I would let the current home which would adequately cover the mortgage with Yorkshire Building Society. Is it possible to obtain consent to let from Yorkshire Building Society and ask for additional borrowing after it's rented?
  • My partner called Yorkshire Building Society on Friday concerning consent to let. We are awaiting a returned call. We have put an offer in on a house that has been provisionally accepted so would like to know how likely it is that we will get consent to let by Yorkshire Building Society?
  • I will have to move to Miami for two years, I have a house with a Yorkshire Building Society mortgage. Do I need to seek consent to let? Will they grant it?
  • Due to work opportunities I will be relocating to Scotland and would like to rent the flat temporarily, are you able to confirm what steps I need to take in order to obtain consent to let from Yorkshire Building Society?
  • Do you know if I can retain my current domestic mortgage with Yorkshire Building Society if I start renting out? If the consent to let is issued will they tie me into an increased rate?
  • Will Yorkshire Building Society choose to exercise a right to convert the rates on a residential mortgage where Consent to Let at any time, onto ‘rates equivalent to their Buy to Let range'? Can one remortgage on a consent to let with Yorkshire Building Society?