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Need professional advice for your consent to let with Marsden 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 Marsden Building Society consent to lease

  • I own a three bedroom leasehold flat via a Marsden Building Society mortgage and have a lodger in the 2nd bedroom. I am about to take a job in a different city and will look for a property to rent. My lodger doesn't want to leave so has agreed to pay a higher rent. Am I obliged to seek consent to let via Marsden Building Society?
  • I acknowledge that I have been extremely reckless in not informing Marsden Building Society that I’m letting my house out. I would like rectify the situation and seek consent to let. If Marsden Building Society says yes, is there any way of them finding out that I’ve already been renting it without consent?
  • I am planning to release equity in my present house to buy another property which I intend to live in whilst I refurbish. I would like to rent my existing property with the Marsden Building Society homeloan. I was just looking for a general view on whether Marsden Building Society currently allows consent to let? House is valued at £450 k with a £125k home loan in place.
  • We have a fixed rate mortgage with Marsden Building Society that we are having difficulty negotiating consent to let as a result of being in Hong Kong and leasing the property a few years ago without their approval which we did not know was required. We have a <45% LVR and made overpayments of £500pm for five years so there are no arrears. We are willing to swap onto a buy to let rate with them at an increased rate yet we haven't been given that as an option.
  • My two year fixed rate with Marsden Building Society will soon come to an end shortly and I will go on to the current variable rate. I would like to know if consent to let from Marsden Building Society is likely, if there are charges, and if there conditions?
  • My GF is in the process of purchasing a new property in Lambeth and is getting a good deal as it needs some work done. We want to rent our current property for two years and then return. Will I be given consent to let by Marsden Building Society?
  • I recently bought a house with 10% deposit for personal uses. A homeloan was taken with Marsden Building Society. But my circumstances have now changed. I am being transferred overseas. Am I able to get consent to let from Marsden Building Society and put the house up for rent?
  • I have a granny flat attached to our property. Do we need consent to let this from Marsden Building Society? If so, what is the process if I wish to transfer the mortgage to consent to let?