Consent-to-let Help for Principality Building Society

Common questions relating to Principality Building Society consent to lease

• Is consent to let needed from Principality Building Society or can I rent out my basement flat without telling Principality Building Society and having to transfer to a buy-to-let mortgage?

• In September 2013 I was issued consent to let from my current lender which is about to expire. I have since been traveling and had my first child. I'm not earning enough just now to pay the mortgage on my own. My lender has advised me that I can't extend my consent to let and if I continue renting out I will be in contravention of the terms of my mortgage conditions. As a result of my low income I don't think the buy to let will be approved. One option I am considering remortgaging to Principality Building Society. Are they likely to issue consent to let from day one?
• We bought a property in 2006 with the help of a housing association, I own 50% through mortgage and rent the remaining half. In early 2013 I bought a new house. I rented out my first house and moved to the new home. I got consent to let from my lender and I thought I had consent to let from the housing association. Last week I was contacted by the housing association advising they had nothing on record indicating I had procured consent to sublet. What do I do now?
• I'm looking to remortgage our old studio flat, currently tenanted with consent to let from Principality Building Society, onto a BTL rate as we will not be moving back into it now since we have our family home. So, I'm assuming I need a specialist financial adviser for this and I am not really conversant with what is on offer in this area. Can you recommend an efficient broker service specialising in BTL?
• I have a mortgage with Principality Building Society on a two year fixed term contract. I may have chance of a teaching post in Belgium in a years time. Would I qualify for consent to let via Principality Building Society were I to accept this job abroad?
• I wish to purchase a new house but can't afford to sell my current apartment with a Principality Building Society mortgage. Do you know acceptable terms for Principality Building Society to grant consent to let? Is getting married and having kids a good enough reason to to ask for consent to let?
• Would a prior extension to a mortgage term with Principality Building Society be held against us when we applied to Principality Building Society for consent to let.
• Six weeks ago I bought my flat and took out a mortgage with Principality Building Society but my boyfriend has asked me to move in with him. Would I be allowed consent to let?