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

Questions and Answers: Cynergy Bank consent to let

  • What's the difference btw consent to let and buy to let? What is the consent to let rate offered by Cynergy Bank?
  • I own a house that's presently under shared ownership (My share is 50%) and I bought it in Aug 2014. I am currently going through the full purchase of the house. My partner and I have also got a second house that we are hoping to buy. Mortgage in principle has been approved by Cynergy Bank. I would like to know that I will be able to put the current house through consent to let as soon as the remainder share has been purchased so, that we can start the process of buying the new property
  • I have a apartment in Enfield with a Cynergy Bank mortgage but I no longer live there. My dad moved in but is there rent free. At the moment I live in rented premises and am keen to buy a house. I have found a great property at an attractive price. I have sufficient for a deposit to put down on the house I am interested in but would be hard pushed to pay enough off the old property to change it to a buy to let mortgage simultaneously. Can I transfer the current Cynergy Bank mortgage for my old property into a consent to let and use my savings to pay a larger deposit for the domestic mortgage on the property that I want to buy?
  • We are hoping to utilise equity in my current house to purchase an additional property which I propose to live in whilst I do it up. I would like to rent my current property with the Cynergy Bank homeloan. I was just looking for a general view on whether Cynergy Bank currently allows consent to let? House is worth £450 k with a £200k mortgage in place.
  • We are interested in understanding the Cynergy Bank consent to let process and conditions for granting.
  • I would like to be informed of the factors and requirements in place to change my Cynergy Bank mortgage to a consent to let?
  • Are you able to help? I am just wondering whether Cynergy Bank offer consent to let as an option should I decided to rent out my home under a residential mortgage. Is there a specific rule for right to buy property and consent to let?
  • We have a mortgage with Cynergy Bank on our garden flat in Bromley. We are hoping to buy a new house and move in there. How do I move my existing mortgage on to consent to let?