Need Help?

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

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

  • I am a FTB interested in a 2 bedroom house in Dudley Building Society. I have a healthy deposit and expect a mortgage from Dudley Building Society. My concern is that my partner inherited a apartment in Birmingham and I hope to be moving in next month, when I would want to let out my house. I have heard of consent to let but it does not sound like a positive outcome is assured. Is there any advice you can impart?

  • Ealing property valued at £125,000. Dudley Building Society mortgage owing £20k with seven years to run. Obtain consent to let via Dudley Building Society for current residence and make use of income to pay off the last few years of the loan. Take out 75 % Dudley Building Society mortgage on new house that becomes my main address? Can this be done?
  • I have a apartment in Tower Hamlets with a Dudley Building Society mortgage but have not lived there for a while. My brother moved in but pays no rent. At the moment I live in rented premises and am looking to purchase a house. I have come across a great property at an attractive price. I have sufficient for a deposit to put down on the house I am interested in but would be a financial strain to pay enough off the old property to switch it to a BTL mortgage at the same time. Can I change the current Dudley Building Society mortgage for my old flat into a consent to let and use my reserves to pay a larger deposit for the residential mortgage on the property that I am looking to purchase?
  • My husband and I are in a tricky mortgage situation currently. We have to lease our house with consent to let and move to a new due to schooling. We are about to rent a house. 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?
  • I have separated from my wife and we have moved back in with our respective parents and intend to divorce. What do I have to do to get Dudley Building Society to give consent to let our house out to tenants?
  • How likely is it that I can retain my existing domestic mortgage with Dudley Building Society if I start renting out? If the consent to let is issued will they load the interest rate?
  • We would like to obtain consent to let on a house where we have a mortgage with Dudley Building Society. If granted, how long would consent be given for? In asking for consent to let from Dudley Building Society are we running the risk of them forcing us to change deal to B2L
  • I would like advice as to how to go about obtaining consent to let from Dudley Building Society and what, if any, fees apply.