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.

Top Five Questions relating to Coventry Building Society consent to lease

  • Are any options available to me if my application to obtain consent to let is subsequently refused by Coventry Building Society?

  • My niece is going to work overseas for two years and would like to lease her apartment out. She has a Coventry Building Society fixed rate mortgage on repayment and wants consent to let the property as well as switch to interest only. What does she need to do?
  • I acknowledge that I have been extremely reckless in failing to inform Coventry Building Society that I’m leasing my flat out. In an ideal world I would like to do the right thing with as little consequence as possible. If Coventry Building Society says yes, is there any way of them finding out that I’ve already been renting it without consent?
  • My fixed rate runs out mid 2017 and I'm planning on fixing for another 4 years with Coventry Building Society, with any luck rates will still be low. In in next couple of years I may want to move for a couple of years to a different county. How simple is it to get consent to let by Coventry Building Society in these circumstances? Assuming that monthly rent payments would be about £300 more than the Coventry Building Society mortgage payments.
  • Is there a maximum period that Coventry Building Society is willing to issue Consent To Let for?
  • My fiance and I wish to let out my property. Do I just post a letter to Coventry Building Society asking for consent to let out the property?
  • Is it possible to remortgage with Coventry Building Society with consent to let if my fixed rate is reaching it’s end. Circumstances would not have changed.
  • I have a leasehold flat. I would like remortgage with Coventry Building Society and seek consent to let. I'm still within the redemption penalty period so not sure if there such a thing as porting to some property?