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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

  • I am looking to move and let out my garden flat in Hillingdon. Having bought it in summer 2007 and currently on a 90% ltv there is little equity in it. My mortgage is with West Bromwich Building Society. Do you know where West Bromwich Building Society stand on consent to let?
  • We currently have a 5 year fixed term home loan with West Bromwich Building Society that we're approximately a year into. Our circumstances have now altered and we would like to rent out our property for a year and whilst we relocate to Greenwich. What can we do to mitigate the risk of West Bromwich Building Society rejecting consent to let.
  • How easy is it to switch a homeowner mortgage with West Bromwich Building Society to a consent to let. It will be less than 65% ltv and it would change from capital and interest repayment to an interest only mortgage?
  • We have a flat in Bromley which we purchased as a new-build about seven years ago. As the family is growing we require more space. We've found a property in Merton that we would like to buy and want to keep the flat as an investment to rent out. The mortgage is with West Bromwich Building Society and we've found a tenant who will pay rent which more than covers the monthly mortgage payment. The question is, can we keep the repayment mortgage with West Bromwich Building Society so we effectively paying off our loan on the flat or do we have to transfer to a buy-to-let product?
  • I’ve already been told to write a letter to West Bromwich Building Society to obtain consent to let, I'm just trying to find some guidelines on the letter? What I should or shouldn't include?
  • I have West Bromwich Building Society mortgage and am thinking of renting out the property. I understand I would need a consent to let to do this...is that true ?
  • My partner and I took a mortgage with West Bromwich Building Society but am told they have a stipulation that they refuse to grant consent to let the property to a local authority. Is this true and if so, can you suggest a method to bypass this?
  • Will West Bromwich Building Society give consent to let my house? I have an existing homeowner mortgage, never had arrears and have been with West Bromwich Building Society for nearly six years now. What fees am I likely to incur