Consent-to-let Help for Principality Building Society

Principality Building Society Consent to Lease Example Support Desk Enquires

• Helen (my partner) and I may need to rent out our Hackney home for a while due to me taking a sabbatical. This will be temporary but possibly for as long as seven years. Do I inform Principality Building Society or should I just keep quiet?

• I am looking to emigrate to Germany . As opposed to finding a buyer, I wish to lease my current property out, just in case things fail to work out and I decide to return in a couple of years. My current mortgage is with Principality Building Society. Would I be able to remortgage with another mortgage provider on a much lower interest rate then apply for Consent to Let once the re mortgage is in place?
• I have a Principality Building Society mortgage on an apartment I own, in Waltham Forest. This year, due to a change of personal circumstances I decided to let out this flat, and rent an alternative property in a different area within same loc. The personal circumstances that altered is that I started living with my partner, and the flat is not big enough for our needs. I do not want to try to dispose of the flat because the current market value is significantly lower than when I acquired the property in 2005. I wrote to Principality Building Society for a consent to let which was turned down as they considered that my intention was to invest in the flat. The whole process was very stressful and frustrating. There is a sense of urgencybecause there is already a prospective tenant waiting for this consent to let and may look elsewhere.Many thanks
• Hello, I have consent to let my property with Principality Building Society and am now looking to give my tenant 2 months notice as I want to find a buyer. I am concerned about the property being unoccupied once the tenant goes and finding a buyer. I have never defaulted on the account, would it be possible to take payment breaks pending the sale of the property?
• This is not a question specific to Principality Building Society but do mortgage companies generally provide the information I need for my Buy to Let or Consent to Let self-assessment tax submissions?
• I have just got married and I am in the process of buying out 100% of my co-ownership mortgage with my wife. As a result we have now been given a 90% loan to value on our house. We want to buy a larger home. Will it be possible to get a consent to let on my new mortgage with Principality Building Society to allow us to get a mortgage also with Principality Building Society for a new home?
• I am looking at some alternative lifestyle. I have a Principality Building Society mortgage, if I become a US resident but wish to rent my UK house, do I need to get consent to let from Principality Building Society to do this ?
• What are the implication if a borrower has already leased out the property for some years as an HMO and now wish to legalise the situation with Principality Building Society by getting consent to let ? (work on the basis that Principality Building Society had previously granted a homeowner mortgage previously)