Need Help?

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

Recently asked questions relating to Coventry Building Society consent to lease

  • For the last few months I have been letting out my flat in Southwark. I didn't get consent to let. I moved to Aldershot for work and couldn't do a commute but was worried that Coventry Building Society would charge me silly money so I decided to take the risk. I'm hoping to legitimise it now... basically carry on letting it but with consent. What are my next steps?
  • I want to explore if I can get consent to let on my current apartment. I have a mortgage with Coventry Building Society but my circumstances have changed. I'm looking to move in with my partner and son who have a house and is larger than my 1 bed flat. I am sure that I will not qualify for a buy to let loan as I don't have money for a deposit nor do I earn more than £25000 a year.
  • Given we are relocating and unable to find a buyer for our house, we are considering renting it out. Am I duty bound to advise Coventry Building Society? If we do, I think they will want to change our mortgage to buy to let and load the fees etc which we can't afford. I was thinking that as long as I continued paying on time it shouldn't be a problem, but am now worried about insurance ramifications if I have let my property out on the sly. Any feedback?
  • I wish to know what the policy is for Coventry Building Society for consent to let. I have heard differing suggestions in relation to charges and rates. I need to relocate for work but I don't want to sell the house due to a depressed market.
  • My lender wont grant consent to let until I have a move in date confirmed with a tenant. How can I confirm this without consent to let? I am not sure but I think my friend had a similar issue with Coventry Building Society.
  • I currently have a mortgage with Coventry Building Society that I would like to transfer to a consent to let as we have found another property we are looking to purchase. How do I apply for consent to let from Coventry Building Society and what happens within the process?
  • Will Coventry Building Society choose to operate a right to convert the rates on a residential mortgage where Consent to Let at any time, onto ‘rates equivalent to their BTL range'? Can one remortgage on a consent to let with Coventry Building Society?
  • My wife and I have a mortgage with Coventry Building Society and would be thinking about buying another main residence and then subsequently leasing our current home out. Do I need consent to let from Coventry Building Society?