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

Co operative Bank Consent to Lease Example Support Desk Enquires

  • I'm purchasing a maisonette in Havering. I will only want to be there for under a year, and subsequently move into a bigger property. Rather than sell the first home I would like to let it out so that it becomes an investment. Do you know if Co operative Bank would grant consent to let in such circumstances?
  • My premises valued at £250k. Outstanding mortgage £20k with 8 years left. Seek consent to let from Co operative Bank for current premises and utilise rent to pay off what is left of the loan. Apply for sixty per cent Co operative Bank mortgage on second flat that becomes my primary residence? Is this achievable?
  • I have had a home loan with Co operative Bank for sixteen years. My divorce was finalised four years ago and bought the ex wife out. My situation has changed, I would like to keep my house but live with my new partner, renting my house out. It has been suggested by my IFA that I can seek consent to let from Co operative Bank instead of a buy to let mortgage as I I did not buy the property with the intention of letting it out, is this correct?
  • We are looking to lease our garden flat out. We have made an offer on a further property for us to buy and have a tenant to move into ours. I assume I have to ask our mortgage company Co operative Bank for consent to let. Is there a template consent to let request letter I can use?
  • My wife and I would like to move home and have identified a property we wish to purchase so are considering leasing out with consent to let from Co operative Bank for our existing property to allow us to make an offer and not miss out on the potential new house.
  • How likely is it that I can retain my existing homeowner mortgage with Co operative Bank if I start renting out? If the consent to let is given will they load the interest rate?
  • I am trying to investigate if it is possible to get a consent to let home loan with Co operative Bank rather than a buy to let mortgage
  • We've spoken to someone at Co operative Bank about switching our current mortgage to consent to let (the current two year fix comes to an end in summer next year). Can I just confirm that I need to send a letter explaining our change in circumstance to Co operative Bank? Where do I need to post it to?