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

Questions and Answers: Earl Shilton Building Society consent to let

  • Always on the look out for a money making scheme I am contemplating leasing out my apartment and make money from it during my holiday. I only plan to be away for four weeks. Will consent to let be needed from Earl Shilton Building Society?

  • I need to switch my homeowner mortgage with Earl Shilton Building Society to a consent to let and looking for some advice please... I acquired my first property in Hendon in 2011. After a career opportunity I moved to Edinburgh, and 6 months ago got a residential joint-mortgage with my boyfriend. I am inclined to stay with Earl Shilton Building Society and seek consent to let rather than attempt to apply for a new mortgage elsewhere, but if Earl Shilton Building Society turn me down what lenders can I approach.
  • I previously got consent to let from Earl Shilton Building Society in 2013 but never used it and subsequently refinanced with another bank. I recently applied for consent to let. I was informed that it would be given since I met the criteria. However I received a letter advising me that I must supply evidence from the DWP evidencing that that are aware of my current situation before they can provide consent. They said this is policy but I have not been able to find these T&Cs on their site. I did complain about the insinuation that I might intend to continue to claim help with interest from the DWP whilst receiving rental on the property. They apologised and offered to deposit £25 in my account . However i still am unable to locate this term and condition and i feel this is otherwise inappropriate I want to let my property as a way of releasing me from redress to social benefits not in order to continue with them
  • I am looking for our family to move to give us all more space. We are thinking about buying another house in the near future. Our house was valued at £240,000 and we have about £85k left to pay on the Earl Shilton 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?
  • I want to take in lodgers for my ground floor flat in Tower Hamlets which I live in. My mortgage is with Earl Shilton Building Society. How do I go about getting a consent to let?
  • There is a chance of me going to Hong Kong for twelve months with work. Planning on taking my partner with me and hoping to rent our UK home in the meantime on a short term basis to make matters more cost effective. I was just enquiring whether Earl Shilton Building Society currently allows consent to let
  • Me and my husband want to let our house out and use the rental income to cover the rent on a house in Lewisham. How likely are we to be given consent to let by Earl Shilton Building Society without being forced onto a BTL product.
  • What are the implication if a borrower has already leased out the property for a number of years as an HMO and now wish to legalise the situation with Earl Shilton Building Society by obtaining consent to let ? (assume Earl Shilton Building Society had previously issued a homeowner mortgage on it some time ago)