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

Top Five Questions relating to Cumberland Building Society consent to lease

  • My fixed rate mortgage is coming up for reissuing with Cumberland Building Society. The house has been tenanted for a couple of years and I think I should come clean toCumberland Building Society. I am led to believe that I can ask for a consent to lease, but since the property has previously been let out could they deny - force me to go onto a BTL mortgage and even fine me? There is excellent equity - 30% LTV and have never missed any payments.
  • I have a mortgage with Cumberland Building Society on a flat and I am intending to rent it out and rent an alternative house due to changes in personal circumstances - I want to move to a new area, and to live in a bigger property with my fiance. I applied for consent to let and just got reply with a refusal as they determined that I want to invest. I as at a loss as to what to do now. I am now at risk since I already have rented a new house and am faced with paying both Cumberland Building Society and rent, which could put me at financial risk. The matter is urgent as a prospective tenant waiting on the sidelines
  • How long do I need to have a further advance from Cumberland Building Society before one is eligible for consent to let. Can I speak with you to discuss my options please?
  • As we are relocating and unable to sell our flat, we are considering renting it out. Is it necessary to disclose this to Cumberland Building Society? If we do, I think they will want to change our mortgage to buy to let and load the 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 worried about insurance ramifications if we haven't got consent to let. Any thoughts?
  • I was just enquiring if Cumberland Building Society would give consent to let and what kind of charges, penalties and new rates etc
  • As a result of job opportunities I will be relocating to Wales and would like to let out my flat temporarily, are you able to confirm what steps I need to take in order to get consent to let from Cumberland Building Society?
  • I am thinking about moving in with my girlfriend but would rather not to sell my property. What is the process for requesting consent to let from Cumberland Building Society, and how likely is it that this will be issued?
  • I am looking to get consent to let with my Cumberland Building Society residential mortgage. It is a 3 bedroom house. Will Cumberland Building Society grant consent on this basis? Or would it be regarded as an HMO?