Consent to Let

Your home may be repossessed if you do not keep up repayments on your mortgage. If you have a Buy to Let mortgage and you fail to keep up with payments on your mortgage, a 'receiver of rent' may be appointed and/or your rental property may be repossessed. Most Buy to Let mortgages are not regulated by the FCA.

Consent to let involves obtaining permission for you to let your property on a temporary basis, usually for twelve months or less. To do this, scroll down to understand our requirements and the information you will need to provide in order for us to give our consent.

Please note, if you are looking to switch your product, change your repayment type or term you’ll need to speak to us on 0345 850 1711.

Our requirements

You must

  • Let the property on an acceptable Shorthold Tenancy Agreement (AST) in England and Wales, a short assured tenancy or from 1 December 2017, a private residential tenancy for Scotland, for a minimum of six months.
  • Only let the property on a temporary basis.
  • Submit the request a month before you plan on letting the property.

You must not

  • Let your property to family members.
  • Let the property as a House of Multiple Occupation (HMO).
  • Allow for the property to be sub-let.
  • Let more than 10 properties.
  • Let the property on a business tenancy.

In addition to providing information so that we can provide our consent, there is a £85 fee that is applicable in order to make any changes, known as the Consent to Let fee. This fee will be applied to your account when we have confirmed that we are happy to agree to you renting your property out. You can then choose to get in touch to pay this fee, or alternatively, it can remain on your mortgage account but please be aware that this will incur interest at the rate applicable at that time.

If we agree to your request we will apply a 1% interest rate loading to your current mortgage rate, which will remain in place for the duration of the letting agreement. Please read the Consent to Let form for more information.

All of our fees and charges are available to view on our Tariff of Mortgage Charges.

We are covered by the FSCS. You may be entitled to compensation from this scheme if we can’t meet our obligations. This depends on the type of business and the circumstances of the claim. Arranging Residential Mortgages is covered up to a maximum limit of £85,000. Further information is available from the FSCS: www.fscs.org.uk

If for any reason you’re not satisfied with any aspect of our service and want to register a complaint, please click here to find out more.

We can only grant Consent to Let on a mortgage held directly with Skipton Building Society, for any other mortgages please contact your lender directly.

Ready to request our Consent to Let?

To request our Consent to Let, simply download and complete the Consent to Let form. Return this to us via email to CustomerDeliveryOnlineConsenttoLetApplication@skipton.co.uk, via post to Customer Delivery, Skipton Building Society, Principal Office, The Bailey, Skipton, North Yorkshire BD23 1DN or visit your local branch.

Please read the form carefully before you complete it. This form contains details of our requirements for agreeing to the letting of your property. If these requirements are not complied with, you will not have our permission to let your property and the letting will be classed as unauthorised.

If there are any requirements that you do not understand or need to discuss, please contact us using the details below.

Download Consent to Let form

Any questions?

Do you have a quick query we may be able to help you with? Connect with us now on Web Chat

Call us to pay the £85 fee or to discuss our requirements in more detail.

Your home may be repossessed if you do not keep up repayments on your mortgage. If you have a Buy to Let mortgage and you fail to keep up with payments on your mortgage, a 'receiver of rent' may be appointed and/or your rental property may be repossessed. Most Buy to Let mortgages are not regulated by the FCA.
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