Consent-to-let Help for Co operative Bank

Questions and Answers: Co operative Bank consent to let

• We have a standard variable rate mortgage with Co operative Bank. This has been in place since 2005. We are intending on letting out our house and renting in an area near our kid’s school until a suitable property becomes available to purchase. Do Co operative Bank usually issue consent to let and do they up the mortgage rate?
• I am thinking of applying for consent to let from Co operative Bank as my personal situation has changed. My stepdaughter was starting university and I concluded that we would move nearby and chose to purchase a house as opposed to spend the money on renting. Since buying the house there has been serious deterioration in my relationship with my my step daughter and she won't live there. Since the whole idea was for her and the house location is not particularly convenient for my work I would like to leave and let the house
• Last week provided with a work opportunity abroad and wondering if it's worth renting my house out. Will Co operative Bank permit me to switch mortgage or grant consent to let? If not I will have to consider if I should accept the promotion. I wouldn't mind paying more as it is likely that I will return and move into my home after twenty four months. I'm not doing it to profit. Just love my property and want to return to it one day.
• Since we are relocating and unable to find a buyer for our flat, we are considering letting it out. Is it necessary to advise Co operative Bank? If we do, I think they will want to change our mortgage to buy to let and increase fees etc which we can't afford. I was hoping that if I continued paying on time it shouldn't be an issue, but am now nervous about insurance connotations if we haven't got consent to let. Any advice?
• My OH and I are looking to ask Co operative Bank for consent to let out our home in Camden. We are relocating overseas for 3 years and need to let it out. I failed to check this out when we got the Co operative Bank mortgage, and that was due to the fact that we never thought an opportunity would arise such as this so was planning on occupying the property.
• I have a mortgage with Co operative Bank at the moment and just wondering if there any fees for obtaining consent to let
• My brother and I have had my mortgage with Co operative Bank for ten years and always made payments If I asked for consent to let would it be given?
• Assuming that I was successful in obtaining consent to let from Co operative Bank, could I sell during the consent period? Is it possible that I would incur any penalties?