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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.

Common questions relating to Beverley Building Society consent to lease

  • Colin (my husband) and I may need to lease our Newham home for a while due to a new job. This will be short-term but perhaps for 6 years. Do I inform Beverley Building Society or do I not rock the boat?

  • I have a mortgage with Beverley Building Society. I would like to purchase a second house and my financial adviser suggested I seek consent to let. I had formerly led to believe they only accept the consent to let if I have the intention to move back into my current home. Is this right?
  • I would like to move house. The query I have is whether consent to let will be given on my house for me to then get a mortgage for the new house so I can put in an offer chain free and then let my property out should I move. Will Beverley Building Society grant consent to let for 12 months? Assuming the rental goes to plan can the consent to let time frame be prolonged further?
  • We are currently in NYC and letting out our apartment in the UK. This was unplanned but an opportunity presented itself and we took it. The rent we make on the apartment is not enough to cover the mortgage so we send back funds each month to cover the shortfall. Last week our lender got in touch informing me that because 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 up but this will be far from easy as I am so far away. Would it be possible to remortgage with Beverley Building Society and get consent to let?
  • If I am tied into a fixed rate with Beverley Building Society but am thinking of letting out my property, is there a charge for consent to let from Beverley Building Society and does the interest rate alter?
  • Can you help with a question...if consent to let is given by Beverley Building Society would it usually be restricted to a time limit, such as 6 or 12 months?
  • I am interested in some guidance on how best to approach my mortgage provider Beverley Building Society regarding a 'Consent-to-Let' application. Is this a task you can offer guidance on ?
  • I am looking at some alternative lifestyle. I have a Beverley Building Society mortgage, if I become a US resident but wish to rent my UK house, do I need to get consent to let from Beverley Building Society to do this ?