Need Help?

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

Frequently asked questions relating to Monmouthshire Building Society consent to lease

  • Doing everything by the book I’ve been leasing out my house with "consent to let" from Monmouthshire Building Society on a homeowner mortgage for the past three years. Monmouthshire Building Society have now advised that they are revoking consent to let unless we convert to one of their "buy to let" deals.

  • I currently have a mortgage with Monmouthshire Building Society and I am thinking of buying a property with my fiance. It's her council house on a right to buy scheme. Would it be possible to transfer my Monmouthshire Building Society mortgage to rent out my existing property in Croydon even though the property is currently in negative equity.
  • I am interested in finding out more about the conditions borrowers have to satisfy before consent to let from Monmouthshire Building Society is issued. Do you know if there are any restrictions on who can be issued with consent?
  • I have been serving in the Royal Air Force for six years and planning to buy a home using a Monmouthshire Building Society mortgage. I would like to obtain consent to let this property to my sister. In years to come I would reside in the property with my wife and kids when I leave the Royal Air Force. Is this possible?
  • My partner and I have already let but only just dawned on us that Monmouthshire Building Society should've been notified and consent to let sought - what's the best course of action now?
  • Am I required to negotiate consent to let if I let to a family member (in my case my father now lives there and contributes towards the Monmouthshire Building Society mortgage)?
  • Do Monmouthshire Building Society respond positively to requests for consent to let? I am just considering this as an option if I move home in the the near future
  • Please can you provide me with details of how to proceed with obtaining consent to let from Monmouthshire Building Society and what, if any, cost apply.