Need Help?

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.

Top Five Questions relating to West Bromwich Building Society consent to lease

  • I am currently in the process of emigrating to Germany . As opposed to sell up, I wish to rent my existing property out, just in case things fail to work out and I decide to come back within one or two years. The current mortgage is with West Bromwich Building Society. Would I be able to refinance with another mortgage provider on a much lower interest rate then apply for Consent to Let once the refinancing has completed?
  • Last month I was provided with a work opportunity 250 miles from home and considering whether it's worth leasing my house out. Will West Bromwich Building Society allow me to switch mortgage or give me consent to let? Should it not be available I will have to think about whether I should accept the promotion. I wouldn't mind paying more as it is likely that I will return and move into my home after twenty four months. I'm not doing it to to make money. Just love my house and wish to return to it at some point in the future.
  • I own a house that's currently under shared ownership (My share is 60%) purchased in September 2014. I am currently going through the full purchase of the house. My partner and I have also got a further house that we are looking to buy. Mortgage in principle has been issued by West Bromwich Building Society. I would like to know that I will be able to put the existing house through consent to let as soon as the remainder share has been purchased so, that we can start the process of buying the new property
  • It seems as though I will have the chance to go and work overseas in a couple of years. I am therefore considering downsizing to a newer flat in Bexley which I could rent out more easily when the time comes. I would aim to keep 50% equity in the new property which would be my home for a while. My current lender limits consent to let for 12 months. I expect to be renting it out longer term and not informing them could land me in a whole heap of problems. BTL seems unnecessarily expensive when I will be living there, perhaps for 2-3 years initially. What type of mortgage should I be seeking, and from whom? Would, for example, West Bromwich Building Society give consent to let for a longer period?
  • I have split up with my ex and we have each moved into our parents house and intend to divorce. What do I have to do to get West Bromwich Building Society to give consent to let our house out to students?
  • I would be interested to know whether West Bromwich Building Society would have an internal record as to whether consent to let was granted for a specific property?
  • Will West Bromwich Building Society choose to exercise a right to switch the rates on a domestic mortgage where Consent to Let at any time, onto ‘rates equivalent to their BTL range'? Can one refinance on a consent to let with West Bromwich Building Society?
  • I am hoping to fix my residential mortgage with West Bromwich Building Society but due to work related issues I might have to go abroad for few years. Will West Bromwich Building Society allow and grant consent to let and there be any penalty