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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.

Recently asked questions relating to Swansea Building Society consent to lease

  • I have a regular mortgage over my residence in loc and intend to move to country for three years. During this time frame I want to rent out my apartment. My mortgage provider says I cannot have consent to let. I am not inclined to transfer to a buy to let mortgage as it’s only for a short period that I am abroad for.

  • Please explain "consent to let" to me? I live in a studio apartment and its in good condition. It is on the market and I am struggling to sell. This is probably due to an longstanding dispute with the guy next door. I have had to put this on the disclosure form. Mortgage is with Swansea Building Society on a fixed rate. Someone mentioned I should get consent to let by Swansea Building Society and rent the property for a couple of years.
  • My girlfriend and I (joint owner) are in the process of transferring our mortgage to Swansea Building Society. I was doing some research concerning consent to let from Swansea Building Society to understand the rules around potentially leasing our current apartment out (probably in a year or 2) if we moved away. The property in question was a first-time purchase for us about two years ago. We are living there at the moment.
  • I remortgaged with Swansea Building Society recently, borrowing extra with the intention to extend the property. That plan has proved not to be possible and I now intend to purchase a further property as my main residence and rent the existing property out with consent to let. Is that likely to be a problem?
  • I am looking for information on the requirements that Swansea Building Society set for consent to let? Can you assist?
  • We are endeavouring to figure out which mortgage providers are best for allowing consent-to-let without raising rates, and hopefully permitting more than 2 years where required. Is that something you can assist me with? We are particularly interested in Swansea Building Society
  • Is consent to let a cheaper way of renting out your property? Isn't this a loophole for some borrowers to exploit?
  • I have only recently completed my homeloan with Swansea Building Society since when my boyfriend has proposed and we are deciding whether to live in his house or my property. Would I be granted consent to let if I were to move into his property