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

Questions and Answers: West Bromwich Building Society consent to let

  • Under what scenarios will consent to let for a property be given by West Bromwich Building Society? For what period of time do you have to have had the mortgage before consent to let can be obtained from West Bromwich Building Society? In order to give you some perspective I am a young solicitor in an apartment purchased five months ago. The perfect job opportunity necessitating relocation to a different city permanently has presented itself. I am looking at applying for consent to let initially in order to put a tenant in it to offset the expense of the West Bromwich Building Society mortgage.
  • 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 ongoing feud with the guy next door. I have had to put this on the disclosure sheet. I am with West Bromwich Building Society on a standard variable rate. Someone mentioned I should obtain consent to let via West Bromwich Building Society and lease the property to tenants.
  • Since we are relocating and unable to sell our property, we are considering renting it out. Is it imperative to disclose this to West Bromwich Building Society? I have a hunch that West Bromwich Building Society might change our terms. I thought if you continued making my monthly payments it shouldn't be an issue, but am now worried about insurance implications if I have let my property out on the sly. Any advice?
  • Last month I got married and my wife and I would like to buy a family home in the coming year, whilst keeping our three bedroom second floor purpose built maisonette in Bromley we currently live in to rent out. Mortgage on the flat is with West Bromwich Building Society. I wish to avoid putting myself in a situation with two residential properties and then be refused consent to let.
  • I am looking to West Bromwich Building Society to issue me with consent to let out my studio flat in Merton. I am moving to Norway for 5 months for work.
  • Am I required to wait for consent to let to be issued on my existing residential mortgage with West Bromwich Building Society before applying for a resi mortgage on a second property?
  • My partner and I took a mortgage with West Bromwich Building Society but am informed they have a policy that they will not give consent to let the property to a housing association. Is this true and if so, is there a way to bypass this?
  • I have only recently completed my mortgage with West Bromwich Building Society since when my boyfriend has proposed and we are deliberating whether to reside in his house or my property. Would I be allowed consent to let if I were to move in with him