Need Help?

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

Beverley Building Society consent to let: Q and A’s

  • A friend of mine suggested that this Christmas I rent out my home and generate some income while I am on holiday. It will only likely be for four weeks. Is advanced consent to let from Beverley Building Society required?

  • What do I do if my request for consent to lease is subsequently refused by Beverley Building Society?

  • Please can you give me a little info on what the procedure is for applying for content to let, what do I need to do. I am considering a Beverley Building Society mortgage on a £140,000 house in twelve months time. The aim would be to hold the house as a second home but I need to know what options there are to let the property in the future. If our situation was to change the property would either be sold or let out.
  • I previously got consent to let from Beverley Building Society three yrs ago but never used it and subsequently refinanced with another bank. I recently asked for consent to let. I was informed that it would be forthcoming since their requirements were met. Yet recently received a letter advising me that I need to supply a letter from the DWP confirming that that are aware of my current situation before they can issue authorisation. They said this is policy but I have not been able to find these T&Cs on their site. I did complain about the insinuation that I might intend to continue to claim help with interest from the DWP whilst receiving rental on the property. They apologised and offered to deposit £25 in my account . However i still am unable to locate this term and condition and i feel this is otherwise inappropriate I want to let my property as a way of releasing me from redress to social benefits not in order to continue with them
  • I am considering moving in with my girlfriend at her home and would like to rent out my property that I purchased thirteen months ago, I'm just not sure of the process as my property is my first home. What hoops do I need to jump through to get consent to let from Beverley Building Society If I obtain consent would my mortgage payments rise?
  • I have acquired a property with a Beverley Building Society home loan. However I am currently living with mother and father. I don't want to move in until for seven months due to personal reasons. In interim can I lease out the property with consent to let?
  • Is there discretion in the accepted equity ration before transferring from an existing Beverley Building Society mortgage to a consent to let?
  • Last month I completed my mortgage with Beverley Building Society since when my boyfriend has proposed and we are deciding whether to live in his house or my property. Would I be granted consent to let if I decided to move in with him