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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.

Questions and Answers: Beverley Building Society consent to let

  • I will soon be moving to Denmark. Rather than sell my house, I would like to lease it out, just in case things don’t go as expected. My present mortgage is with Beverley Building Society. If I applied for a refinance would a new provider view this as me trying to avoid a Buy To Let mortgage, of which there is very little availability for 80% LTV, and hence turn down my request for Consent to Let?
  • We have a residential mortgage with Beverley Building Society that we are having problems negotiating consent to let due to being in Dubai and renting out the property such a long time ago without their consent which was a lapse on our part. We have a <45% LVR and made overpayments of £500pm for six years so we are not in arrears. We would happily swap onto a BTL mortgage with Beverley Building Society at a loaded rate however we haven't been given that as an option.
  • We took a mortgage out on a studio flat last December however I will be working outside of commuting distance of Havering for the foreseeable future but hope to find work closer in the long term. Given that I recently acquired the property I will lose money if I sell and do intend to return to Havering so would like to keep it. How likely are Beverley Building Society to allow a consent to let and what are the financial implications ?
  • Last month I got married and my wife and I would like to purchase a family home in the coming year, whilst keeping our garden flat in Havering we currently live in to rent out. Mortgage on the flat is with Beverley Building Society. I don't want to put myself in a situation with two residential properties and then be refused consent to let.
  • My two year fixed rate with Beverley Building Society is due to come to an end soon I will go on to the current variable rate. Can you tell me whether consent to let from Beverley Building Society is likely, if there are fees, and if there are time limits?
  • Just wondering if if consent to let would be forthcoming from Beverley Building Society in order to move back in with my parents for 12 months and save the cash on the lease extension for my property?
  • How likely is it that I can keep my current domestic mortgage with Beverley Building Society if I start renting out? If the consent to let is given will they load the interest rate?
  • I have just recently bought my home and took out a mortgage with Beverley Building Society but my boyfriend has asked me to move in with him. Would I be allowed consent to let?