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

Beverley Building Society Consent to Lease Example Support Desk Enquires

  • Can a new mortgage be taken on a consent to lease with Beverley Building Society?

  • I need to switch my residential mortgage with Beverley Building Society to a consent to let and looking for some advice please... I acquired my first property in London in 2010. After a new job opportunity I moved to Glasgow, and four months ago got a residential joint-mortgage with my boyfriend. I am inclined to stay with Beverley Building Society and seek consent to let rather than attempt to apply for a new mortgage elsewhere, but if Beverley Building Society turn me down what lenders should I approach.
  • My partner and I currently live in NYC and renting out our flat in the UK. This was unplanned but an opportunity came up and we took it. The rent we make on the property is not enough to cover the mortgage so we send back money each month to make up the shortfall. Yesterday I got a letter in the mail from our lender informing me that as the property is being let out and has been for almost two years we will have to pay 1.5% interest on top of our current mortgage rate. One option would be to sell the flat but this will be difficult as I am on the other side of the world. Could we remortgage with Beverley Building Society and get consent to let?
  • My partner and I are intent on buying a property, letting two of the bedrooms out in order to cover the mortgage with Beverley Building Society, and then moving on in two or three years - at which point the property would be fully rented. Is it likely that Beverley Building Society would frown upon this as I will have been issued with a domestic loan rather than a B2L or consent to let? I've read that in extreme situations they can repossess the property, is this right?
  • What are the circumstances under which Beverley Building Society will decline a consent to let application?
  • I am trying to find out if Beverley Building Society will grant consent to let in a situation where we need to move closer to relatives in a different house albeit that we may move back the future if circumstances change.
  • I currently have a residential mortgage with Beverley Building Society and plan on letting due to work being based in Manchester. In asking for consent to let from Beverley Building Society do I run the risk of them forcing me to change deal to buy to let
  • I would like to get consent to let from Beverley Building Society for a couple of years at which point I can switch to a B2L. Is this possible