Need Help?

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

Common questions relating to Bath Building Society consent to lease

  • Having endured living in a rough area for 3 years now, we are keen to relocate. As selling the house will involve redemption penalties to Bath Building Society of £2500, we considered that it would be sensible to let it out. In the circumstances we need consent to lease from Bath Building Society only 12 months. What can I do to get consent?

  • Me and my husband were looking to buy a garden flat with 30k deposit with the aim of moving in. Somewhat fortuitously the in-laws have plans to move to Portugal for a year or two so we would be moving into theirHackney bungalow to "housesit". If we were to go ahead with a residential mortgage with Bath Building Society would we likely encounter any difficulties with switching to consent to let ?
  • Because of my job, I am confident that Bath Building Society will issue me with Consent to Let from the outset of buying a property. I currently intend to buy a property locally and let it out, I will remain in the house that is provided (rent payable) by my employer. As I will be leasing out the property I will obviously have to complete a Self Assessment Tax Return, but I just want to check that although it is my only property (and it is not on a BTL mortgage), will I still be able to claim Tax relief for the interest on the mortgage and the expenses of leasing out the property. I can only find information for those with a buy-to-let mortgage, but mine will technically not be B2L.
  • How easy is it to change a homeowner mortgage with Bath Building Society to a consent to let. It will be less than 55% loan to value and it would alter from capital and interest repayment to an interest only loan?
  • Our Bath Building Society mortgage is coming up for renewal. We would like to apply for a new residential mortgage and then seek consent-to-let. Is this possible? We don't use the house much now that our kids have grown up, and would be better used as a rental.
  • My wife and I want to let our house out and use the rental income to pay rent on a house in Hackney. What are the chances of being given consent to let by Bath Building Society without being forced onto a BTL product.
  • Is there a set or maximum term how long I could let my home out to a family member with consent to let from Bath Building Society. I no longer want to live in the area and want to buy a new home?
  • I am interested in consent to let for my home mortgaged with Bath Building Society. How do I move forward? Do I have to apply to Bath Building Society and get them to agree?