Need Help?

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

Recently asked questions relating to Principality Building Society consent to lease

  • I have had an existing homeloan with Principality Building Society approaching 2 years and the fixed rate is due to be renegotiated. We are considering taking equity out of our present place to allow us to buy a bigger house and then rent out the current maisonette. We have had initial advice that we will look for a new residential mortgage allowing for consent to let - can you explain what this is?
  • In what situations will consent to let for a property be issued by Principality Building Society? For what period of time do you have to have had owned the property before consent to let can be obtained from Principality Building Society? In order to give you some perspective I am a newly qualified solicitor in a home purchased a few months ago. The ideal job opportunity necessitating moving to a different city on a permanent basis has presented itself. I would be interested in procuring consent to let initially with a view to put a tenant in it to offset the expense of the Principality Building Society mortgage.
  • How straightforward is it to obtain consent to let from Principality Building Society. I'm intending to opt for a fixed homeowner mortgage and plan to reside there but want to know what options are open to me if work has opportunities elsewhere for instance within the next couple of yrs Please let me know how challenging it is in your experience with Principality Building Society?
  • Need some help regarding renting a property and consent to let. I want to move in with my other half. The council would like to rent my flat for three year commitment with rent being paid and maintenance. Our mortgage was changed to Principality Building Society last year. Please advice
  • I am trying to discover which mortgage providers are best for granting consent-to-let without raising rates, and hopefully allowing more than 2 years where required. Is that something you can help with? We are particularly interested in Principality Building Society
  • I am interested in understanding the Principality Building Society consent to let process and conditions for granting.
  • I own a residential home. I would like remortgage with Principality Building Society and either change to buy to let or consent to let. I'm still within the Early Redemption Charge period so not sure if there such a thing as porting to some property?
  • Is there a set or maximum term how long I could let my property out to a family member with consent to let from Principality Building Society. I no longer want to live in the area and want to buy a new home?