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

Skipton Building Society consent to let: Q and A’s

  • I have a consent to let from my current mortgage provider which is about to expire. I have since been traveling and had my first child. My part time salary is not sufficient 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 action would be taken for breaching my mortgage contract. As a result of my low income I don't think the buy to let will be approved. One option I am thinking about is remortgaging to Skipton Building Society. Are they likely to grant consent to let from the start?
  • Me and my OH and I may need to rent out our home for a while due to a career opportunity. As we will be away for no more than twelve months would we need a consent to let our home. We already have a Skipton Building Society mortgage. Is there any criteria for consent to let that the property or individual has to meet?
  • Our present property in Wandsworth has nearly £95K equity with a home loan with Skipton Building Society. It's a nice family house in a popular location and I think it would rent well. We are possibly moving for my partner’s work and were considering keeping this house on as a rental property - should we be swapping the mortgage to a B2L product or can we get consent to let from Skipton Building Society?
  • We are intent on purchasing a property, renting a couple of the rooms out in order to cover the loan with Skipton Building Society, and then moving on in a few years time - when the property would be fully tenanted. Is it likely that Skipton Building Society would frown upon this as I will have been granted a domestic homeloan rather than a B2L or consent to let? I've heard that the worst case scenario is that they can sue for mortgage fraud, is this an exaggeration?
  • We are having to move to Australia for a couple of years for my job but I don't want to switch the mortgage to BTL as I want to reoccupy it when I return. Do you know if Skipton Building Society charges additional interest? Is there any way around this?
  • I wish to apply for consent to let from my mortgage provider Skipton Building Society to lease out my house. I was thinking of moving in with mypartner. Do Skipton Building Society allow consent to let in these circumstances?
  • Me and my husband have an cottage in our garden. Do we need consent to let this from Skipton Building Society? If so, what is the process if I need to switch the mortgage to consent to let?
  • Are you aware if there is normally a maximum LTV before Skipton Building Society will consider consent to let?