Need Help?

Need professional advice for your consent to let with Cumberland 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 Cumberland Building Society consent to lease

  • I have a regular mortgage over my residence in loc and intend to move to country for a couple of years. During this time I want to lease out my house. My lender will not provide me with consent to let. It’s hardly ideal to move to a buy to let loan as it’s only for a limited time-frame that I am abroad for.

  • I spoke to a IFA friend last month. She said that if I decide to move abroad with my job for a period then I should not apply for consent to let from my mortgage provider (Cumberland Building Society) until at least two weeks before I plan to let the flat. Does that mean I have to find a tenant first and then obtain a consent to let?
  • I understand the GGT financial repercussions if any of changing a Cumberland Building Society mortgage to consent to let, but what about the ongoing rental income vs expenses? Say I have converted my former owned garden flat into CTL and moved out and pay rent elsewhere. Is there any way to expense the rent I am paying from the rental income?
  • My husband and I have just sorted our rates for another fixed five years with Cumberland Building Society. However, I went to an interview and basically I accepted the job offer in Redbridge. I'm going to rent a two bedroom flat for the family in Hackney as we don't wish to sell the house whist there is a chance that we come back before two years.... We really don't know how things will go. We have contacted Cumberland Building Society but we would appreciate your take on the situation. Is it possible to have a consent to let in that case as we just got a fixed 5 years rate we would not want to swap this.
  • I am considering moving overseas for work and would like consent to let from Cumberland Building Society whilst I am away. Is the way forward to complete the consent to let form and mail it to Cumberland Building Society? The point of renting the property isn't to make money but to keep the house in case things don't turn out as well as we hope
  • This is not a question specific to Cumberland Building Society but do mortgage companies usually provide the information I need for my Buy to Let or Consent to Let self-assessment tax submissions?
  • Cumberland Building Society. Will they issue consent to let a property for a couple of years? I plan to return as a resident.
  • I would like advice as to how to go about gaining consent to let from Cumberland Building Society and what, if any, cost apply.