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

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

  • Within the next few days I intend to get in touch with Mansfield Building Society to obtain consent to let out my home in Mansfield Building Society. However I have put the house on the market but there is no interest and paying a full mortgage, council tax and insurance on vacant house is a financial drain. How are Mansfield Building Society going to react if I have the house on the market?

  • I bought a house a couple of years ago in Newcastle when I worked locally. I got a new job which necessitated working in Wimbledon. I drive down on Saturday evening and live with a family member mid week. I am now thinking ofmoving home to avoid the commute. I am exploring the possibility of renting out my existing home. My mortgage is with Mansfield Building Society, would I have to change my mortgage rate or ought I try to get consent to let?
  • My wife and I acquired a property in 2008 on shared ownership basis, I own half via mortgage and rent the other half. Three years ago I purchased a new home. I let out my first property and moved to the new home. I gained consent to let from my mortgage company and I believed I had consent to let from the housing association. Yesterday I had a letter from the housing association advising they had nothing on record indicating I had their permission to sublet. What are my options?
  • Our existing house in Ealing has nearly £95K equity with a mortgage with Mansfield Building Society. It's a nice family house in a popular catchment and it should rent easily. We are probably moving for my husband's work and were thinking of holding onto the house on as an investment property - would we need to change the loan to a buy to let product or should we request consent to let by Mansfield Building Society?
  • I'm planning to relocate to Australia for a couple of years for my job but I don't want to convert the mortgage to BTL as the intention is to reoccupy it when I return. Do you know if Mansfield Building Society charges additional interest? Is there any way around this?
  • My two year fixed rate with Mansfield Building Society is due to end shortly and I will switch on to the standard variable rate. I would like to know if consent to let by Mansfield Building Society is a foregone conclusion, if there are fees, and if there are time limits?
  • I took a domestic mortgage with Mansfield Building Society, and I would like to let the property out, until I decide whether to sell or hold on to it as an investment. As things stand I am on the fixed rate. Will I need to remortgage? I.E. BTL?
  • I am trying to investigate if it is possible to get a consent to let mortgage with Mansfield Building Society rather than a buy to let mortgage