Nationwide Property Letting Application Form

To submit this form, please send the completed application along with any required documentation to Mortgage Servicing, Nationwide Building Society, Kings Park Road, Moulton Park, Northampton, NN3 6NW. Alternatively, you may email your submission or inquire for more details at the provided customer care email address. Ensure that all signatures are included where required before submitting your application.

Important dates for this form include potential changes in letting rates announced approximately two weeks before they take effect. Ensure you stay informed about any updates by checking with Nationwide. Also, keep an eye on relevant local authority guidelines regarding letting properties, as these may impact your application.

The purpose of this letting application form is to allow property owners to request the necessary permissions from Nationwide to temporarily let their properties. It outlines the conditions, responsibilities, and potential penalties associated with letting a property under a mortgage agreement. By completing this form, the applicant ensures that they are compliant with Nationwide's lending policies and legal regulations governing lettings.

• 1. Mortgage account number: This is the unique identifier for the mortgage account associated with the property.
• 2. Full name of applicants: Collect the names of all individuals applying for the letting permission.
• 3. Address of mortgaged property to be let: Specify the exact address of the property that is intended to be let.
• 4. Start Date of letting: Indicate when you intend to commence the letting of your property.
• 5. Correspondence address during letting: Provide the address at which you can be contacted while the property is let.
• 6. Shared ownership scheme: Indicate whether the property is part of a shared ownership scheme.
• 7. Local Authority improvement grant: State if the property has received any local authority grants for improvements in the last five years.
• 8. Leasehold property: Specify if the property is leasehold and requires permission from the freeholder for letting.
• 9. Holiday home rental: Indicate whether the property will be rented out as a holiday home and if so, for how long.
• 10. Rental agreement details: Specify if there is a formal tenancy agreement in place, especially if renting to family.
• 11. Armed Forces status: Indicate whether the applicant is currently serving in the armed forces for additional considerations.
• 12. FCO employment status: Indicate if the applicant is employed by the Foreign and Commonwealth Office.
• 13. Critical illness: State if the request to let is a result of a critical illness.
• 14. Additional borrowing status: Specify if there is an additional borrowing application in progress.
• 15. Product switch application status: Indicate whether there’s a product switch application in progress for a new mortgage product.
• 16. Contract variation status: Indicate if there’s a contract variation application for changes to the mortgage agreement.
• 17. Add or remove borrower status: Specify if there is an application in progress to add or remove a borrower.

If the form is not submitted correctly, the application for letting may be delayed or rejected. It is crucial to ensure that all required fields and documents are accurately completed. Incomplete submissions may lead to potential fines or complications with your letting arrangements.

• Incomplete Information: Submitting the form without filling in all necessary details can result in delays.
• Missing Documents: Failing to attach required documentation may lead to automatic rejection of the application.
• Non-compliance with Terms: If the application does not align with the letting terms, it may be denied.

• 1. During Relocation: Homeowners who need to rent out their properties while relocating must fill out this form.
• 2. Family Emergencies: Individuals facing family issues that require temporary letting of their property should use this form.
• 3. Change of Employment: Employees accepting new jobs in different locations that require temporary letting should complete this form.
• 4. Financial Relief: Homeowners seeking financial relief through renting during hard times can use this form.
• 5. Local Authority Guideline Compliance: Any property owner subject to local authority requirements regarding letting must submit this form.