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Need professional advice for your consent to let with Barnsley Building Society (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.

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

  • I have my studio flat in Barnet on the market but despite a couple of viewings there is a lack of interest so far. As a backup option I am considering leasing out the property if it doesn't sell. I dont foresee a problem getting consent to let from the freeholder. My IFA says that in such a scenario I may need to switch to a buy to let product yet the chances are that I don't have sufficient equity. What's my exposure if I if hypothetically I was to retain the current Barnsley Building Society home loan and rent out the flat without telling them As long as the mortgage is being paid in full and on time, why would they care or check?
  • My husband and I recently sorted our rates for another fixed period with Barnsley Building Society. Subsequently, I went to an interview and basically I accepted the job offer in Southwark. I'm going to rent a small flat for me and my family in Croydon as we don't want to sell the house and moreover we might come back within a couple of years.... We really have no idea whether it will go. We have contacted Barnsley Building Society but we would appreciate 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 change.
  • I am may soon need to apply for consent to let from my current mortgage lender Barnsley Building Society. A colleague of mine said that she was given ‘consent to let’ confirmation from a different lender where it stipulated that the tenancy granted must be in the form of an AST. Can you explain what this is?
  • Is it correct that mortgage companies (I have a mortgage with Barnsley Building Society) may start taking a more relaxed approach towards consent to let? A broker suggested that BTL mortgages are not regulated by the FCA whereas residential mortgages are. So if I transfer from a residential to a Buy to let I am moving to a regulated product. He suggested that under the current regulation banks are wary of letting borrowers do this, which is likely why some mortgage companies will permit customers have consent to let but not transfer to a Buy to let product. Is this right?
  • My wife and I are interested in discovering more about the Barnsley Building Society consent to let procedure and conditions for granting.
  • If I were to apply for consent to let from Barnsley Building Society how much time does it take to get consent to let after you apply to Barnsley Building Society. ?
  • We have a mortgage with Barnsley Building Society on our maisonette in Enfield. We are planning to buy a new house and move in there. How do I move my existing mortgage on to consent to let?
  • I am fixing my residential mortgage with Barnsley Building Society but as a result of my job I might have to go abroad for a couple of years. Will Barnsley Building Society allow and give consent to let and will any penalties be applied in such circumstances