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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.

Cynergy Bank consent to let: Q and A’s

  • Will Cynergy Bank exercise a right to change the rates on a regular mortgage where the lender has granted Consent to Let at any time, onto ‘rates equivalent to their Buy to Let loans'?

  • We've been renting my wife's old house out with "consent to let" from Cynergy Bank on a regular mortgage for the last two years. Cynergy Bank have put forward an ultimatum revoking consent to let unless we move across to one of their "buy to let" loans.

  • We are a young couple and we have identified a home flat in Westminster that we like and want to get a mortgage with Cynergy Bank. The issue is that I am pregnant and might give birth any time soon as I am on my 9th month of pregnancy. This means that it would not be possible for us to move straight away so we are contemplating living with our parents for about six months. In the meantime, if we get this property, we can let it out. I was just wondering how will that work out? Will we be liable to obtain consent to let by Cynergy Bank
  • I would like to see if I can receive consent to let on my existing apartment. I have a mortgage with Cynergy Bank but my situation has changed. I'm about to move in with my partner and son who have a house and more room than my small property. I don't think I can qualify for a buy to let loan as I don't have the funds for a deposit nor do I earn more than £25000 per annum.
  • My son has a mortgage with Cynergy Bank and he wants to let his flat out as he is moving in with his girlfriend.Will she be granted consent to let? What is the procedure and charges involved?
  • We took out a mortgage with Cynergy Bank a few months ago and although it's still early days we may have to relocate around next Summer and would like to be able to let our house out. Would this be possible with a non- BTL mortgage?
  • My mortgage has been with Cynergy Bank for ten years. I would like to apply for consent to let my home. I have been waiting for Cynergy Bank to get back to me. Could you please check and help?
  • I have a standard mortgage with Cynergy Bank which is only eight weeks long but I have been moved abroad with work. How easy is it to obtain consent to let from Cynergy Bank for a mortgage that has only recently started and I have just purchased the property?