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.

Top Five Questions relating to Beverley Building Society consent to lease

  • I am between a rock and a hard place with a Consent to Let mortgage. In response to requesting consent to let my lender has requested evidence of a signed Assured Shorthold Tenancy as a prerequisite to granting consent. If I get a signed tenancy agreement would I not be breaching the terms of my existing mortgage?

  • I was hoping you could please providing me some more detail on the consent to let process. I am considering a Beverley Building Society mortgage on a £350,000 property on the coming months. The intention is to hold the house as a second home but I would like to consider what options are open to me to let the property in the future. If our situation was to change the house would either be sold or let out.
  • I may have the chance to go and work abroad in a couple of years. I am therefore thinking of scaling down to a newer flat in Lewisham which I could rent out more easily when the time comes. I would aim to retain 50% equity in the new flat which would be my home for a while. My current mortgage provider limits consent to let for a year. I suspect renting it out longer term and not having consent could result in a whole host of problems. Buy-to-let seems inappropriate given that I will be living there, perhaps for 2-3 years initially. What product should I be seeking, and from which lender? Would, for example, Beverley Building Society issue consent to let for more than a year?
  • I am may soon need to apply for consent to let from my existing mortgage provider Beverley Building Society. A friend of mine said that he was issued with ‘consent to let’ confirmation from a different lender where conditions attached to the consent referred to an assured shorthold tenancy. Can you explain what this is?
  • My mortgage company wont grant consent to let without a move in date confirmed with a tenant. How can I confirm this without consent to let? I can't be sure but I think my friend had a similar issue with Beverley Building Society.
  • I have a mortgage with Beverley Building Society. I am thinking of moving out and letting out my flat. Am I required to obtain consent to let ?
  • Please can you inform me how much the fees are and if Beverley Building Society usually grant consent to let without changing to a commercial rate?
  • We are mulling over a remortgage offer with Beverley Building Society and it's a strong possibility that I will require consent to let at some point in the fixed period. Are there any penalties I should consider?