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Need professional advice for your consent to let with Newcastle 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: Newcastle Building Society consent to let

  • I have a regular mortgage over my residence in loc and intend to move to country for a couple of years. During this time it would be ideal if I could let out my flat. My bank says I cannot have consent to let. I don’t really want a buy to let mortgage as it’s only for a limited time-frame that I am going away for.

  • I am planning to write to my lender Newcastle Building Society setting out the following logic for my request for consent to let ; "I am having difficulties with the mortgage and wish to move back with my parents but can't sell. I am very concerned by failing to make payments and have considered returning the property to you. If I had consent to let that may solve matters." Is this likely to convince them to grant me consent to let?
  • I wish to buy a second house having recently bought a two bedroom ground floor purpose built maisonette on normal mortgage. Planning to purchase next year. I have been advised that I may require consent to let from Newcastle Building Society, my current mortgage provider? What is the best way to manage this and gain the consent required.
  • me and my wife have just sorted our rates for another fixed five years with Newcastle Building Society. Subsequently, I attended an interview and basically I accepted the job offer in Brent. I'm going to rent a one bed flat for the family in Hounslow as we don't want to sell the house and moreover we might come back before two years.... We really don't know whether it will go. We called Newcastle Building Society but we would like also your take on the situation. How is it to receive consent to let in that case as we just got a fixed 5 years rate we really don't want to lose this rate.
  • It is looking as though I may need to move to Philadelphia for a couple of years, I have a property with a Newcastle Building Society mortgage. Do I need to ask consent to let? Will they be obliging?
  • Newcastle Building Society - consent to let potential. Are you able to advise on the process with this lender? Do they have a minimum period prior to changing to this and a minimum LTV?
  • Just looking for some information. I already have a mortgage in place with Newcastle Building Society. I have been given licence to sublet my GFF from the managing agents and they asked for a copy of the consent to from Newcastle Building Society.
  • What are the changes that Newcastle Building Society force me into a consent to let product while I'm in a fixed rate product for 2 years?