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

Top Five Questions relating to National Counties Building Society consent to lease

  • My wife and I have a standard variable rate mortgage with National Counties Building Society. This has been in place for two years. We are intending on letting out our property and renting in a village near our children's school until a suitable house becomes available to purchase. Do National Counties Building Society usually give consent to let and do they apply an increase to the mortgage rate?
  • What are the chances of National Counties Building Society in granting Consent To Let on a one bed flat? Agents have had it on the market for two months. I need to sell but I'm anxious that given the lack of interest I will need to rent out the property in order to cover the mortgage to National Counties Building Society (I no longer reside at the address). My preference is to come clean with National Counties Building Society than not tell them but I am worried as to how helpful they will be.
  • I currently have a mortgage with National Counties Building Society and the LTV is currently 60% with the National Counties Building Society current book value and I'm looking to purchase another property but would like to keep my existing property at the current market value. I have consent to let from Northern Rock on a previous property so know a bit about them and I also have buy to let with Scottish Widows on another property. Does the expected rental income on a consent to let with National Counties Building Society need to be over and above the mortgage repayments? I have a fixed rate which I tied into a fixed rate and left the term at 19 years so it was paid off as early as possible, obviously this leaves with quite a high monthly repayment.
  • As a result of a change in personal circumstances my husband and I are moving to my parents house while they are away and letting our flat out. What is best way to approach my mortgage lender for a 'Consent-to-Let' ? We will need to remortgage in the next twelve months will we then transfer to a BTL product. We intend to return to our home at within the next twelve months?
  • If I am tied into a fixed rate with National Counties Building Society but am deliberating on letting out my property, is there a fee for consent to let from National Counties Building Society and does the interest rate get uplifted?
  • Do I need to wait for consent to let to be issued on my prevailing residential mortgage with National Counties Building Society before applying for a resi mortgage on a new property?
  • A work promotions now necessitates that Ibe in different locations every month and as such I wanted to understand the process for applying for consent to let with National Counties Building Society
  • I have a mortgage with National Counties Building Society but would like to let my house out and move in with my GF and baby what would I have to do to get consent to let?