Need Help?

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

  • Can one refinance on a consent to let with Cumberland Building Society?

  • I have been letting out my flat with "consent to let" from Cumberland Building Society on a residential mortgage for the past 24 months. Cumberland Building Society have put forward an ultimatum retracting their consent to let unless we switch to one of their "buy to let" products.

  • Eighteen months ago we bought our council house, in SW London,recently valued at £240k. It's completely paid for from our own funds, mortgage fee. We can't sell (without penalty of losing some of our discount) before 5 years have gone by. Regardless, we want to keep it as a investment property to lease out. We wish to release some equity via a Cumberland Building Society mortgage. I am confident that my rental income would cover my monthly repayments so can I negotiate consent to let. Are you able to assist?
  • My partner took out a fixed rate mortgage with Cumberland Building Society for two years and have been living in the flat for about eighteen months. Due a job opportunity abroad I need to vacate so I would like to lease the place out. What is the best way to go about getting consent to let from Cumberland Building Society?
  • My fiance and I are planning to ask Cumberland Building Society for consent to let out our house in Islington. We are relocating overseas for 3 years and would like to to let it out. I omitted to check this out when we got the Cumberland Building Society mortgage, and that was only because we never thought an opportunity like this would come up so was planning on being in the house.
  • I took a domestic mortgage with Cumberland Building Society - 55% equity or thereabouts. I am considering relocating for another job and was curious if Cumberland Building Society are flexible in changing the mortgage to allow for consent to let?
  • I currently have a residential mortgage with Cumberland Building Society and plan on letting due to work being based in London. In asking for consent to let from Cumberland Building Society do I run the risk of them forcing me to change deal to buy to let
  • Can you tell me how much the fees are and if Cumberland Building Society typically give consent to let without switching to a commercial rate?