Need Help?

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

Examples of recent questions relating to Swansea Building Society consent to let

  • I am with Swansea Building Society and just had to ask for consent to let, but it would be useful to know if they set any conditions on the level of rental to be received?
  • My fiancee and I are are looking to join the property ladder, presently renting. We want to purchase a three bedroom ground floor purpose built flat in Lambeth. We want to move there, but will need to wait for a job - perhaps a couple of years. Do we need to seek a buy-to-let loan? Could we take a 1st time buyer mortgage with Swansea Building Society, because we intend to move there soon? Or could we reside there for a short period of time , then start renting it with consent to let from Swansea Building Society? I'm only evaluating options that are entirely legal, and wouldn't breach the terms of the mortgage with Swansea Building Society.
  • We are currently in Dubai and renting out our flat in the UK. This was unplanned but an opportunity came up and we took it. The rental income is insufficient to cover the mortgage so we send back funds each month to make up the shortfall. Earlier today our lender got in touch informing me that because the property is being let out and has been for almost four years we will have to pay 1.5% interest on top of our current mortgage rate. One option is to sell up but this will not be easy as I am on the other side of the world. Would it be possible to remortgage with Swansea Building Society and get consent to let?
  • Need some assistance regarding renting a property and consent to let. I plan to move in with my partner. The local authority would like to rent my flat for 5 years guaranteed with rent and service charges covered. The flat was purchased with a mortgage by Swansea Building Society. Please help
  • I have a house in Wandsworth. I would like remortgage with Swansea Building Society and either change to buy to let or consent to let. I'm still within the redemption penalty period so not sure if there such a thing as porting to some property?
  • I am fixing my residential mortgage with Swansea Building Society but as a result of my job I may have to go abroad for a couple of years. Will Swansea Building Society allow and grant consent to let and will any penalties be applied in such circumstances
  • Me and my partner and I need to rent out my apartment to be closer to my daughter's uni and take care of my father. How long will the consent to let take to get from Swansea Building Society? 2 weeks?
  • 17 months into homeloan with Swansea Building Society due to job offer.. need to move. Is it possible to get buy to let or consent to let.